It looks like BNB achieved an important level.
The price has touched the strong support at level 0.0025.
The price bounced back and there is a chance we will start the rally soon.
Here are technical analysis details:
• EMA9 on 1D chart crossed – let’s wait till the new daily bar opens above this line
• WBM BUY/SELL – the price is oversold – every time it happened on the the price went up – look at the chart.
Its current level is one of the lowest ever.
• Weis Waves - Since the end of June supply is getting significantly lower.
All we need is more demand.
We all know BNB is not a scam.
It is highly used by the Binance exchange.
They develop their business and push very strong to keep their number one position.
BNB has a constant usage and the more users are there on Binance the more demand on BNB will be.
Let us know what you think of such price behavior.
Do comment down below.
Thank you for reading and your time.