Price analysis 8/9: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Buyers are struggling to build upon Bitcoin's sharp recovery on Aug. 8, indicating that the bears remain active at higher levels.
Keep up with what's happening in the crypto world in real-time.
Buyers are struggling to build upon Bitcoin's sharp recovery on Aug. 8, indicating that the bears remain active at higher levels.
BNB shows bearish signs with a rising wedge pattern, while declining open interest and low funding rates hint at weak bullish momentum.
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) After a difficult start on Monday, Ethereum closes the week with a 15% loss.
BNB has rebounded strongly, recording a notable surge of 10.45% within the last 24 hours. This impressive performance has brought BNB to test a key resistance level at $491.
BNB's market sentiment has been keenly bearish, and BNB might see another move southward in the coming days.
Binance Coin price experiences a steady market surge after an initial decline in early trading hours, marking a significant market recovery. The token is currently bullish, fueling market optimism among investors and traders.
Solana price against Ethereum has broken out to a new all-time high, thus signaling rising crypto cash rotation to the altcoin industry.
BNB Chain introduces zk-fault proof for opBNB, aiming to enhance performance and reduce challenge periods.
Binance Coin (BNB) has faced a significant decline, dropping by a staggering 31% over the past four days. This sharp decrease comes amid a broader crypto market crash that has left many digital assets reeling from severe losses.
Binance has recorded a significant net inflow of $1.2 billion during one of the biggest trading days in 2024.
Bitcoin's recovery bounce is losing steam, indicating that the bears remain active at higher levels.
Like many altcoins, Binance Coin (BNB) did not escape Monday's market bloodbath as the price nearly slid below $400. Two days later, the altcoin's value has increased and is close to retesting the psychological $500 region.
BNB's current trend shows that holders are in distress, and the sentiment is negative.
BNB is testing a key level at $491 after a 10.45% surge.
Binance Coin (BNB), one of the leading cryptocurrencies in the market, is currently experiencing a challenging phase as it attempts to recover from recent lows. Despite a promising rebound from the $400 support zone, BNB faces critical resistance levels that could hinder its upward trajectory and potentially lead to further declines.
Binance coin price is up 12% since yesterday as the crypto market eased from a recent sell-off. The leading digital asset, Bitcoin, showcasing its sustainability above $50000, has sparked a relief rally among the majority of major altcoins.
BNB crashes by 31%.What is next for Binance Coin holders?
BNB price is recovering higher from the $400 support zone. The price is now facing hurdles at $490 and might remain at risk of another decline.
Global equity markets witnessed a massive sell-off, pulling Bitcoin and several major cryptocurrencies to unexpected lows.
The new week has started with a massive market dump, according to CoinMarketCap.
The price of Binance or BNB coin (BNB) is falling below the moving average lines. However, the decline has stopped above the 50-day SMA on August 5.
Technical analysis shows a bearish trend for BNB.
Weak market sentiment overwhelms BNB despite impressive network growth.
Binance Coin (BNB) succumbs to bearish pressure alongside other altcoins in the market. According to the latest market data, the token is down nearly 10% since last week representing a big slash in value for investors in the long-term.
