{"id":650822,"date":"2024-10-31T05:48:39","date_gmt":"2024-10-31T05:48:39","guid":{"rendered":"https:\/\/ktsl888.com\/?p=650822"},"modified":"2024-10-31T04:39:56","modified_gmt":"2024-10-31T04:39:56","slug":"bnb-price-slips-600","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/analysis\/bnb\/bnb-price-slips-600\/","title":{"rendered":"BNB Price Slips as Peers Climb: Can It Regain Ground?"},"content":{"rendered":"
BNB price corrected gains from the $612 level. The price is now showing a few bearish signs while Bitcoin and Ethereum eye additional gains.<\/em><\/p>\n
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BNB price started a downside correction from the $612 resistance zone.<\/li>\n
The price is now trading below $595 and the 100-hourly simple moving average.<\/li>\n
There is a connecting bearish trend line forming with resistance at $595 on the hourly chart of the BNB\/USD pair (data source from Binance).<\/li>\n
The pair must stay above the $588 level to start another increase in the near term.<\/li>\n<\/ul>\n
BNB Price Dips Again<\/h2>\n
After struggling above $612, BNB price saw a downside correction. The price dipped below the $605 and $600 support levels unlike Ethereum<\/a> and Bitcoin<\/a>.<\/p>\n