Markets· ★★★· bearish·

BNB drops 5.61% to $704 on volume nearly 2.5x the 30-day average

  • —BNB at $704.12, market cap $92.6 billion, intraday low $691.56
  • —Daily volume $3.43 billion vs $1.38 billion 30-day average
  • —RSI 36.3 and stochastic 18.2 approach oversold territory
  • —Price below 5/10/20/50-day SMAs but above 200-day SMA at $653.26
Why it matters: BNB is losing short-term averages on heavy volume; holding $691 will decide whether a rebound follows or the selloff extends.
#BNB
Source: DiarioBitcoin
More on this
Markets · 05:06
XRP Falls 5.61% to $1.25 on Volume 40% Above Average
 Markets · Oct 24
PEPE Falls 5.61% to $0.0000042 as Volume Runs 63% Above Average
 Markets · 05:44
WLD drops nearly 10% to $0.393, tests 200-day moving average