Daily BNBETH Update

8 พ.ย. 2021

For those of you who trade on Binance this chart is of more interest. With BTC, ETH and BNB being the major trading pairs on Binance it's good to understand which of the three is outperforming over time. While ETH has been outperforming both BTC and BNB for some time, over the last week we can see in this chart that the tables may be turning towards BNB. Both the RSI and ADX are showing BNB displaying new strength over BTC and ETH. I'll be watching this chart closely and if this continues will rebalance my portfolio to have a greater weighting in BNB over the other two. At this point I don't consider any real trend to be in place, however, it could well be the start of one.