BNB Technical Analysis: Will Binance Coin Sustain the Bull Cycle?

The BNB technical analysis displays a continuation of the bullish trend with high buying pressure in the market as RSI hit the overbought boundary. Despite falling around 13.56% in the last 7 days due to the bearish trend in the market caused by FTX financial crises, Binance Coin (BNB) grew 3.88% in the last 24 hours touching the daily high of $290.72 rebounding from the daily low of $268.23. Although BNB plunged to its 3-month low of $263.08 this week, BNB has managed to deliver relatively better returns as compared to other crypto markets with 3.63% growth in the last The post BNB Technical Analysis: Will Binance Coin Sustain the Bull Cycle? appeared first on Cryptoknowmics-Crypto News and Media Platform .