Binance coin (BNB) seems to be in a good condition for further increase. The two important levels of FIB extension. 161.8% and 61.8%, on the two previous major and minor waves has lied on the current level.
Furthermore, The bottom of the uptrend channel is on this level.
RSI on the daily chart has kept 30 level compared to when the price was at 410, and produced a divergence.
If BNB keeps this level, we can aim for higher targets in next few weeks.
Furthermore, The bottom of the uptrend channel is on this level.
RSI on the daily chart has kept 30 level compared to when the price was at 410, and produced a divergence.
If BNB keeps this level, we can aim for higher targets in next few weeks.