Markets· ★★· neutral·

BNB hits 24-hour high of $760.91 as short-term RSI signals overbought

  • —BNB/USD 24-hour high on Binance.US was $760.91; current price $753.03
  • —RSI readings: 51.2 daily, 75.8 hourly, 80.8 on 15-minute chart
  • —Price trades above EMA20, EMA50 and EMA200 and above the upper Bollinger Band
  • —Binance added five bStocks tokens as eligible collateral on margin accounts from Oct 28
Why it matters: Short-term overbought RSI raises the risk of a pullback in BNB after its local high.
#BNB
Source: TokenPost
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