BNB Reacts to the Old Zone as the Future Looks Positive

Azeez Mustapha

Updated:

Unlock Daily Forex Signals

Select a Plan

£39

1 - month
Subscription

Select

£89

3 - month
Subscription

Select

£129

6 - month
Subscription

Select

£399

Lifetime
Subscription

Select

£50

Separate Swing Trading Group

Select

Or

Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored
Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.


BNB reacts to the old zone as the future looks positive for the digital asset. The crypto price has made a withdrawal back to the $319.00 key level following its buying spree. In the last 24 hours, the digital asset has made about a 2.03% decline based on the coinmarketcap report.

The BNB has been showing signs of recovery after a long drought of struggle with the market bears in the crypto ecosystem.
However, the beginning of the third quarter estimation predicts a crucial development in crypto trading pools and the DeFi system. A strong positive sentiment is closely observed despite the current negative market sentiment, which makes the coin consolidate back at the $319.00 key zone.

BNB Key Levels To Watch – November 3

Following a breakout close to the $261.50 key zone, the buying liquidity exposure breaks the price at the $319.00 key zone. The bulls are still targeting an increase in volume of trade as the parabolic SAR (stop and reverse) traders remain positive in the market.

BNB Reacts to the Old Zone as the Future Looks Positive

The MACD (moving average convergence and divergence) indicator is still trending higher and hasn’t reached its climax. It shows that there is still room for more buying.

The price is currently retracing back to the $319.00 key zone. Traders should anticipate a buy-up tendency in the market in the coming days. The anticipated bullish influx is expected to push prices higher.

BNB Key Levels

Resistance Levels: $513.90 $319.00
Support Levels: $261.50, $195.90

Total Market Capitalization: $63B
BNB Market Capitalization:$51B
BNB Volume: $14B
Market Rank: #4

You can purchase Lucky Block here.  Buy LBLOCK

NoteLearn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Share with other traders!

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.

Leave a Reply

Your email address will not be published. Required fields are marked *