BNB (BNB): How Does the Chart Look Tuesday?

BNB receives a strong long-term technical score of 75 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. BNB currently holds a superior long-term technical analysis score than 75% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. coins with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

InvestorsObserver is giving BNB a 75 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on BNB!

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Trading Analysis

The current trading price of $225.380000000 for BNB is -$106.2000000 (-32.03%) below the coins 100-day moving average of $331.580000000. BNB meanwhile is $40.8400000 (116.17%) above its 52-week low of $184.540000000 and -$443.97000000 (32.18%) under its 52-week high price of $669.350000000. BNB's current price relative to the coins long-term average and 52-week high and low, gives the crypto a strong long-term technical score of 75. The price movement and range of BNB suggest that investors are neutral on the coin at this time. BNB has a total market value of $36,798,819,869.33 with an high average daily volume of $8,617,017,191.13 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, BNB's volume is below its average with $1,236,813,755.47 exchanged in total. This coin's subclass Payments/Other: A coin used as payment for good and services or middle-man platform that allows investors to use other cryptocurrencies for payments, money transfers, withdrawals, deposits, and other functions. These coins are typically more specialized than the Digital Money coins that try to replicate all the functions of cash.

Summary

BNB's historical trading over the past year gives it a a strong long-term technical score of 75 as its price movement in that time has given investors reason to be neutral on the coin in the long-term. Click Here to get the full Report on BNB (BNB).