The price of BNB corrects profits from the $ 708 zone. The price is now charged near USD 692 and can again immerse in the direction of support of USD 675.

• The price of BNB is trying to recover from the support zone 675 USD.
• The price is currently listed below USD 690 and a 100-hour uncomplicated movable average.
• There is a key line of the Bear Trend with a resistance of USD 692 on the BNB/USD hour chart (data source from Binance).
• The couple must remain above USD 680 to start another enhance in the near future.

Bnb face price

After a constant enhance, the price of BNB did not spotless the USD 710 zone. The correction has fallen below levels 690 and 680 USD, as opposed to Ethereum and Bitcoin.

The price dropped even below USD 678 and tested USD 675. Low was created at USD 674, and the price is now trying to recover. There was a traffic above USD 680. The price increased above 50% of the level of withdrawal FIBs from $ 707 to the lowest level of USD 674.

However, bears are busy near USD 692. There is also a key line of bears trend formed with a resistance of USD 692 on the BNB/USD hour chart. The price is currently listed below USD 690 and a 100-hour uncomplicated movable average.

On the other hand, the price may encounter resistance near the level of USD 692. Another resistance is located near the level of USD 695 or the FIB slimming level 61.8% of the inheritance movement worth $ 707 to the lowest level of USD 674.

A clear traffic above zone 695 USD may send a higher price. In the given case, the price of BNB may test $ 708. Closing above the resistance 708 USD can set the pace for greater traffic in the direction of resistance worth 720 USD. Any profits may require a level of USD 732 in the near future.

Another drop?

If BNB does not remove resistance of USD 692, it may start another decrease. Initial support is close to USD 682. Another sedate support is close to USD 680.

The main support is USD 674. If the smaller break is below the support of USD 674, the price may fall towards support of USD 665. Any losses can be initiated by a higher drop in USD 650.

Technical indicators

MacD – MacD for BNB/USD loses the pace in the stubborn zone.

RSI hours (relative strength indicator) – RSI for BNB/USD is currently below level 50.

Main support levels – USD 685 and USD 680.

Main resistance levels – USD 692 and USD 708.