Blog

BNB rises with global commercial tensions demand for the encryption market alternatives



Modern escalation in global trade conflicts has created a complex wallpaper for cryptocurrency markets, as BNB has shown remarkable power despite economic opposite winds.

The unique code momentum comes as investors search for alternative assets amid the traditional market fluctuations caused by continuous geopolitical tensions.

While central banks around the world adjust monetary policies to combat inflation, digital assets such as BNB are increasingly considered as possible hedges against economic uncertainty.

It highlights technical analysis

  • The price of the price was a clear trend, so it penetrated the main resistance at $ 687.50 with a higher volume than the average during the payment 00:00 hours to 691.06 dollars, and created new support at the level of 688.70 dollars.
  • The most important price movement occurred between 23: 00-00: 00 when BNB rose on 45,675 units of size (much higher than an average of 24 hours), confirming the strong condemnation of the buyer.
  • In the last hour, BNB has seen a remarkable correction of the prices, as it fell from its previous peak of $ 690.11 at 01:21 to 688.87 dollars by 02:06, which represents a decrease of 0.18 %.
  • The fluctuation increased between 01: 50-01: 53 when it rose shortly to $ 689.85 before facing the resistance, followed by a more severe declining movement at 01:57.
  • The price decreased from $ 689.53 to $ 689.13 on a significant size (926.88 units), indicating profit after the previous upward trend.

External references




publish_date

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button