Binance Coin (BNB.CPT)

Close: 601.92 (-3.07), Apr 25, 2025

Weak Positive

Medium risk

Automatic technical analysis. Long term, Apr 25, 2025

Binance Coin has broken the floor of the rising trend channel in the long term, which indicates a weaker initial rising rate. The currency is moving within a rectangle formation between support at 551 and resistance at 792. A decisive break through one of these levels indicates the new direction for the currency. The currency has support at points 445 and resistance at points 700. Negative volume balance indicates that sellers are aggressive while buyers are passive, and weakens the currency. The currency is overall assessed as technically slightly positive for the long term.

Recommendation one to six quarters: Weak Positive (Score: 30)

Period	Vol.bal.	Volatility	Liquidity	+/- %
1 day	-	2.14%	525.40	-0.51%
5 days	-8.20	7.12%	521.52	+1.56%
22 days	-42.11	18.39%	515.91	+0.09%
66 days	-18.12	33.89%	668.10	-8.98%

More analyses of Binance Coin

Candlesticks

Short term: Hold

Medium term: Weak Negative

Long term: Weak Positive

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