Binance Coin Price Analysis
The daily chart shows that the BNB price has been in a bullish trend in the past few months. The price has also formed an ascending channel pattern. It has also moved above the 25-day and 50-day moving averages and is slightly below the upper side of the channel. The MACD has also moved above the neutral level.
Therefore, the outlook of the Binance Coin price for November is neutral with a bullish bias. This means that the coin will likely have a bullish break-out and then retest its highest level at $704.
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Therefore, the outlook of the Binance Coin price for November is neutral with a bullish bias. This means that the coin will likely have a bullish break-out and then retest its highest level at $704.
Hello community, please if you like my ideas do not forget to support them with your likes and comment, and you can also get in touch for daily signals and alerts
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