Binance Coin (BNB) Price Prediction 2022
Binance Coin (BNB) holds the 5th position on CoinGecko. BNB price prediction 2022 is explained below with a daily time frame.
A rounding bottom is a chart pattern used in technical analysis and is identified by a series of price movements that graphically form the shape of a “U”. Rounding bottoms are found at the end of extended downward trends and signify a reversal in long-term price movements.
More so, a rounding bottom chart can be divided into several main areas. First, the prior trend shows the buildup to the stock’s initial descent toward its low. The rounding bottom breaks out of its low point when the stock price closes above the price immediately prior to the start of the initial decline.
Currently, Binance Coin (BNB) is at $316. If the pattern continues, the price of BNB might reach the resistance level of $447 and $540 If the trend reverses, then the price of BNB may fall to $277
Happy Trading $$$$
Binance Coin (BNB) holds the 5th position on CoinGecko. BNB price prediction 2022 is explained below with a daily time frame.
A rounding bottom is a chart pattern used in technical analysis and is identified by a series of price movements that graphically form the shape of a “U”. Rounding bottoms are found at the end of extended downward trends and signify a reversal in long-term price movements.
More so, a rounding bottom chart can be divided into several main areas. First, the prior trend shows the buildup to the stock’s initial descent toward its low. The rounding bottom breaks out of its low point when the stock price closes above the price immediately prior to the start of the initial decline.
Currently, Binance Coin (BNB) is at $316. If the pattern continues, the price of BNB might reach the resistance level of $447 and $540 If the trend reverses, then the price of BNB may fall to $277
Happy Trading $$$$
