The global crypto market suffered substantially as it reached the $2.5T-mark. Most cryptos furthered their bearish swing while bullish power plummets. As a consequence, Binance Coin, Bitcoin Cash and MANA saw double-digit losses over the past day.
TradingView, BNB/USDT
BNB consistently marked higher lows regardless of the market tendencies. After a monstrous 78.41% rally in 39 days (from 24 September), BNB price action touched its six-month high on 7 November.
Nevertheless, the bears historically ensured resistance around the $648-mark. Then, the price action witnessed a 22.8% pullback until it touched its two-week low on 18 November. After which, the bulls were quick to respond and keen on sustaining their long-term advantage. As a result,
Read more on ambcrypto.com