$BNB Urgent Price Analysis ::

Bnb is considered one of the stable coin as we speak today as the all other coins or dumping badly but bnb has always been a stable coin in crucial markets.

Since the last dump $BNB dropped from 721.8 to 455.0 which seems like a big correction but at the same time a huge opportunity for buying a dip. Since the market is highly volatile but bnb has shown some signs of recovery and the mark price is at 531 which indicates a good sign of recovery as we talk about the in-depth analysis.

Moving average of 9 and 18 days bnb price is approaching to cross these average on 1 D chart which shows a good sign bull entered the market.

Exponential moving average of 50 and 100 days is also approaching to touch the market price and once the market of bnb is above these averages on a daily chart we can confirm a bullish reversal which can be seen soon in the next coming days.

Relative strength index was highly in he over sold territory which was indicates a good sign of becoming bullish because whales get interested as soon as the market reaches its over sold territory.

One A daily chart it can be seen bnb market is forming U pattern with higher highs and lower lows which indicates a bullish reversal.

Soon I will be updating more according to the market behaviour so follow me for more updates.

NOTE: Trade with caution.