Binance Coin (BNB) Price Prediction for July 29
Main Idea
The article discusses the recent price decline of Binance Coin (BNB) and provides a short-term price prediction, suggesting a potential further drop to the $800 area.
Key Points
1. Binance Coin (BNB) has declined by 3.11% since yesterday, trading at $814.55 at press time.
2. If the daily bar closes around current prices or below, traders may witness a test of the $780-$800 range soon.
3. From a midterm perspective, the weekly bar's closure is crucial; if it happens far from the $847.12 level, it may indicate further downward movement.
Description
How far can drop of Binance Coin (BNB) continue?
$BNB
$791.75
-1.71%
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