BNB rises but struggles below $630
Tech BNB rises but struggles below $630 BNBs price has slipped below the moving average lines but remains above the 21-day SMA support after being caught between the moving averages. BNB Price Long-Term Prediction: Bearish If the 21-day SMA support is breached, selling pressure will continue to $600 or lower. If the 21-day SMA support holds, BNB will remain within the moving averages. Buyers were unable to sustain bullish momentum after the altcoin was rejected twice at highs of $653 and $640. On the downside, if the bears break below the 21-day SMA support, BNB will retest its previous lows of $600 and $580. BNB has been range-bound for the past few months, trading above the $580 support but below the moving average lines. Today, BNB fell below the moving average lines, indicating a further slide to $600. BNB is at $616. Technical indicators:Resistance Levels – $1,000, $1,050, $1,200Support Levels – $900, $850, $800 BNB Indicator Reading The 21-day SMA support remains steady as buyers attempt to push the price above the moving average lines. On the 4-hour chart, the price bars are below the horizontal moving average lines. Buyers are attempting to push prices above the moving average lines. BNB will resume its bullish ascent once