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Ledger Nano X - The secure hardware wallet

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Binance Coin (BNB) Price Analysis for August 31

in BNB

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Binance Coin (BNB) Price Analysis for August 31

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U.Today Original Article

Price Analysis

Thu, 08/31/2023 – 18:00

Denys Serhiichuk

Has price of Binance Coin (BNB) found local bottom so far?

Cover image via www.tradingview.com

Read U.TODAY on

Google News

Bears are trying to seize the initiative at the end of the day, according to CoinStats.

On the weekly time frame, one should pay attention to the bar’s closure. If it happens above the $230 mark, buyers might seize the initiative, which can lead to a further rise to the $240 zone.

Such a scenario is relevant until mid-September.

BNB is trading at $223.3 at press time.

About the author

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.

Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at denys.serhiichuk@u.today.

Credit: Source link

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