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BNB/USD Respects a Long-Term Upward Slopping Support, to TAMA’s Optimism Heads Northwards

BNB/USD Respects a Long-Term Upward Slopping Support, to TAMA’s Optimism Heads Northwards

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The price development of BNB/USD continues to increase in value. This comes after respecting long-term upside support.

Binance Coins analysis statistics:
Binance Coins Value Now: $277.88
BNB/USD market cap: $44.98 billion
BNB/USD floating supply: 161.34 billion
Binance Coin total supply: 161.34 billion
Binance Coins Coinmarketcap ranking: #5

To this end, we continue to analyze these markets to better predict future price movements. In addition, we also explore the BNB/BTC market. This also helps the traders here to correctly predict the value changes in this market.

Main values:
Highs: $277.88, $300, $340
Bese levels: $250.20, $220.30, $199.76

Reversal of BNB rise, TAMA brings more profitable market

BNB/USD price activity has begun a correction from long-standing upward support. This reversal started recently and the price candles have moved closer to the EMA curves. The Stochastic RSI has also corrected to initiate a reversal towards overbought territory. According to the relative strength index reading and the proximity of the ascending candle to the EMA curves, the price of Binance Coin continues to trend upwards. This is because according to the RSI reading this uptrend is continuing and at that price the candle is crossing the EMA curves. Traders can expect the price to return to $300 soon.

BNB Bullish Reversal, TAMA Brings More Profitable Markets BNB/USD price activity has begun to correct long-standing upward support.  This twist

Binance Coin Value Analysis: BNB/BTC Heading Towards Higher Resistance

The BNB/BTC market is poised for more upside moves as an inverted hammer candlestick forms. Additionally, this candle has just formed above the 9/21 EMA. Moreover, these curves appear to be on the verge of crossing each other to initiate an increase in value added.

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Furthermore, when looking at the RSI indicator, this indicator can be seen to be generally pointing upwards. However, there seems to be a moderate correction in the direction of the faster line towards the slower one. However, based on the price candle and exponential moving average, investors can expect the value to be close to 0.014400.

Tamadoge completed the seventh phase of the pre-sale more than a month after it started. The price of the TAMA token was 1 USDT = 40 TAMA during this seventh phase. When the $13.25 million milestone was reached, the price of the token increased to 1 USDT = 36.36 TAMA, which is now the eighth stage. The eighth phase will be completed soon if demand continues to build up over the past month. The next step is the ninth and final step. The price is also higher at this point because 1 USDT = 33.33 TAMA tokens.

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