BNB Appreciates by 3% Amid OKX Listing

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The news of BNB becoming listed on the OKX exchange surfaced a few hours after prominent crypto millionaire Elon Musk started following OKX’s Twitter account. BNB increased by 3% as a result of this news, according to CoinMarketCap. OKX exchange is home to one of the most well-known cryptocurrency exchanges in the world. Presently, OKX exchange asserts that it has more than 20 million customers spread over 100 nations.

Key Binance Coin Levels To Watch – December 21

A huge number of cryptocurrency traders on the trading platform will be able to access the token as a result of BNB’s listing on the OKX exchange, which is expected to increase awareness of BNB. However, given this news and the fact that BNB is one of the top ten currencies by market capitalization, BNB may still be on many cryptocurrency investors’ watchlists.

BNB appreciates by 3% amid OKX listingAfter the buy-side liquidity (BSL) was grabbed, the price rose into the bearish order block to execute sell orders. From the order block, the market experienced a massive crash to the downside. On November 27, 2022, BNBUSD reacted to a bearish breaker block. The bearish breaker block was created as the price headed to the upside to invalidate the double top.

The reaction to this breaker block caused the market to resume its downward trend while also changing the market’s environment to the upside. The market’s current trading range is defined by the 318.0 and 220.0 price levels. The Moving Average already signals to buy. Binance Coin is expected to resume its downtrend as soon as it hits its premium.

Binance Coin Key Levels

Resistance Levels: $395.0, $361.0, $300.0
Support Levels: $240.0, $216.0, $183.0

Total Market Capitalization: $811.81B
Binance Market Capitalization: $39.71B
Binance Volume: $0.52B
Market Rank: #5

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.