Recent climbs in global commercial disputes have created a complex backdrop for cryptocurrency markets, with BNB demonstrating a remarkable strength despite the winds against.
The ascending impulse of Token occurs when investors seek alternative assets in the mid -market volatility caused by continuous geopolitical tensions.
While central banks worldwide adjust monetary policies to combat inflation, digital assets such as BNB are increasingly considered as potential hedges against economic uncertainty.
TECHNICAL ANALYSIS
- The price of the action formed a clear higher trend, breaking the resistance of the key at $ 687.50 with a volume higher than the average during the impulse of 00:00 hours to $ 691.06, establishing a new support at the level of $ 688.70.
- The most significant price movement occurred between 23: 00-00: 00 when BNB increased by 45,675 units of volume (well above the average of 24 hours), confirming a strong condemnation of the buyer.
- In the last hour, BNB experienced a remarkable price correction, withdrawing from its previous peak of $ 690.11 at 01:21 to $ 688.87 by 02:06, which represents a 0.18%decrease.
- Increased volatility between 01: 50-01: 53 when it was briefly recovered to $ 689.85 before finding resistance, followed by a more acute downward movement at 01:57.
- The price fell from $ 689.53 to $ 689.13 in a significantly higher volume (926.88 units), which suggests a profits after the previous bullish trend.
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