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news-imageMarch 7, 2025

Binance Coin (BNB) Faces Sell-off Threat, Here Are Key Levels to Watch

The crypto market is still very volatile as the combined capitalization dropped by 1.98% to $2.91 trillion, with a mild drawdown from Bitcoin and altcoins like Binance Coin (BNB). The BNB price is in pursuit of stability as bulls fight to maintain the psychologically important level around $600 after facing rejection at this level a few times over the past 24 hours,
Publisher: UToday
Sentiment: Negative
BNB

More News Articles

Negative
cover-imageCryptonews
March 7, 2025

BNB Price At a Major Cross Roads – Bearish Breakout Imminent as US Recession Risks Rise?

The BNB (BNB) price remains stuck close to $600, well within its recent multi-month ranges, as traders assess the impact of the US strategic Bitcoin reserve's on the broader crypto market, and wait to hear more from the White House about their plans towards the crypto industry at today's summit event. The post BNB Price At a Major Cross Roads – Bearish Breakout Imminent as US Recession Risks Rise? appeared first on Cryptonews.

Neutral
cover-imageThe Currency Analytics
March 7, 2025

BNB Faces Resistance at $730, Key Levels Await Breakthrough

Binance Coin (BNB) has shown impressive relative strength, outperforming many other cryptocurrencies during recent market downturns. As the broader crypto market has experienced pullbacks, BNB has managed to maintain key price levels, reflecting the coin's solid position.

Positive
cover-imageThe Currency Analytics
March 6, 2025

BNB Outshines Altcoins with Robust Ecosystem, Eyes $680 Breakout

Binance Coin (BNB) has been making waves in the cryptocurrency market, demonstrating resilience in the face of broader market volatility. Despite the challenges faced by major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), BNB has largely outshone altcoins, fueled by its strong ecosystem and active market participation.

Negative
cover-imageThe Currency Analytics
March 4, 2025

Binance Coin (BNB) Drops to $560: Key Support Tested

Binance Coin (BNB) has experienced notable volatility recently, dropping back to the $560 level—a price point it first revisited in early February. At that time, bulls managed to defend the $560 support zone, which led to a temporary bounce toward $721.

Negative
cover-imageCrypto Economy
March 4, 2025

TECHNICAL ANALYSIS OF THE PRICE OF BNB: Is $BNB Deepening Its Bearish Trend?

The 4-hour chart of $BNB shows a bearish breakout from a triangular pattern, suggesting a deeper decline in the ongoing downtrend that began on February 14. Technical indicators, such as the EWO and RSI, display convergence, while the MACD signals a bearish crossover. Additionally, volume has decreased, reinforcing the idea of a correction.

Negative
cover-imageThe Currency Analytics
February 28, 2025

Binance Coin Faces Crucial Test at $600

Binance Coin (BNB) has entered a critical phase, with its price hovering around the $600 zone, facing a key test that could define its short-term direction. The price action over recent weeks has revealed a shift in market dynamics, highlighted by a break of structure and a change in character, indicating that bears have taken control.

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