Cryptocurrency News
A recent study by CoinGecko reveals that Binance continues to dominate the centralized exchange (CEX) market, holding a commanding 39.1% market share in November 2024. Binance’s spot trading volume surged to an impressive $979.1 billion during the month, marking a 130.9% increase from October’s $424 billion. Crypto.com secured the position […]
Breaking out to a new high this month, BNB encountered resistance and took a sharp downturn after rising by over 50% in a month. However, despite this week’s reduction, it remains strongly bullish monthly. BNB’s bullish trajectory remains valid from a long-term perspective but there has been a little setback […]
As altcoins continued to show strength this week, BNB joined the advanced uptrend and broke out to a new high. It appears highly bullish on the daily chart due to rising demand in the past few days. Last month was an interesting ride for the bulls as they pushed through […]
Just 30 minutes after Binance announced the listing of $THE, a savvy investor spent 698 BNB (approximately $429,000) to acquire 416,897 $THE tokens. This bold move has already paid off handsomely, with the holdings now valued at over $1 million, resulting in an unrealized profit of $596,000 (+143%). About 30 […]
Amid this week’s drops, BNB lost momentum and took a downturn today following a notable 5% loss in the last 24 hours. Falling back in a key zone, the price now appears weak daily as it undergoes a correction. The past month’s recovery has been impressive, but this month’s trading […]
Following the current drop across the crypto space, BNB bounced back from a critical trading zone after initiating a small pullback yesterday. It looks weak in the past hours but is now bullish again. Last week’s trading was interesting for BNB, as it resumed bullish impulsive movement after undergoing a […]
BNB finally broke out of a critical resistance area to a multi-month high after several failed attempts to scale through in the past months. It has retraced a little from that thigh to test the resistance area as support. Following late September’s drops from a critical resistance area, which led […]
Following a slight pullback in the past week, BNB resumed bullish and traded back in a crucial resistance zone. This brought some notable gains, but whether the price will break out is unknown. The $600 and $618 levels have remained a crucial resistance zone for BNB, preventing major upward movement […]
In the latest meltdown, BNB’s price appears weak following a rejection from a critical resistance zone. It is looking for solid support to resume positive actions as the structure remains bullish in the mid-term. BNB’s bullish structure is still looking valid on the daily chart, although it has briefly lost […]
BNB is down 3% today after failing to overcome a critical trading zone, acting as a resistance since July. However, the daily chart still looks bullish as it foots a strong rally capable of causing a breakout soon. Over the past week, BNB saw another major increase following a quick […]
BNB’s outlook is becoming bullish again after losing grip above key price levels in the past month. Amid a recent bounce, it posted losses overnight but the price is slowly picking up on the lower time frame. The $600 – $618 levels have been a critical resistance zone for BNB […]
As expected, BNB advanced higher in the past week and completed the bullish head-and-shoulder pattern on the daily chart. Yesterday, it broke out slightly but now sits at the neckline as the price sets for a big rally. This month’s bounce has restored the bulls’ hope after defending the $400 […]
After rising throughout last week, BNB slightly lost steam following a 5% decrease since the start of this week. The price appeared weak on the day as it stayed calm ahead of a major move lurking around the corner. The past week of trading took BNB on an offensive rally […]
BNB’s bearish outlook is slowly ending with a recent strong bounce off a key low. The price currently approaches a minor resistance but will likely explode soon following the latest bullish footprints in the market. As anticipated in the past weeks, BNB found solid ground above July’s low and initiated […]
The recent bearish action has seen BNB through a notable reduction as it cut $100 from its price in two weeks. It sits calmly above March’s low while gathering liquidity for the next major movement. Two weeks back, BNB lost grip above the $600 level after recovering strongly from a […]
Amid the latest drops, BNB’s price declined by 3% weekly as it showed signs of weakness on a daily scale. However, it has bounced slightly from a weekly low but is currently footing another bearish move. Last week marked an end to BNB’s retracement after experiencing a major recovery from […]
BNB’s price is reaching a crucial breakpoint again after experiencing a steady increase from a five-month low. A big move lurks around the corner as the price approaches a key resistance level. Following a sudden price rejection at exactly $400 earlier this month, BNB faced a lot of hurdles but […]
After increasing by more than 25% from the monthly low, Binance Coin faced rejection and remained indecisive for the past week. It may repeat a recent bearish pattern if the price continues to turn weak daily. Last week, BNB bounced sharply off a key price level after witnessing a crash. […]