Ever since Binance’s token BNB has set a new all-time high against BTC in mid-February, it has traded mostly in the range between 0.0040s and 0.0050s.
The support level has been gradually moving lower, so Cindicator’s tokenholders voted to ask Hybrid Intelligencec a question about BNB:
“The cryptocurrency Binance (BNB/BTC) settled at 0.0045352 BTC at 09:45 AM UTC at the Binance exchange on Monday, March 15. Will BNB/BTC trade above 0.0052155 BTC (+15%) earlier than trading below 0.0038549 BTC (-15%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
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Assurance: 88%
This is a bullish sign, suggesting that BNB is likely to bounce back from this level.
Dipping below 0.0040 could cause a deeper correction, but it’s more likely that BNB will be pushed back into 0.0050s. This could be a good time to add to a long position in BNB or make a few sats swing trading.
The support level has been gradually moving lower, so Cindicator’s tokenholders voted to ask Hybrid Intelligencec a question about BNB:
“The cryptocurrency Binance (BNB/BTC) settled at 0.0045352 BTC at 09:45 AM UTC at the Binance exchange on Monday, March 15. Will BNB/BTC trade above 0.0052155 BTC (+15%) earlier than trading below 0.0038549 BTC (-15%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
-------------------------------------
Assurance: 88%
This is a bullish sign, suggesting that BNB is likely to bounce back from this level.
Dipping below 0.0040 could cause a deeper correction, but it’s more likely that BNB will be pushed back into 0.0050s. This could be a good time to add to a long position in BNB or make a few sats swing trading.