The crypto market is pretty much doing its best impression of a red-hot mess, according to CoinStats. 🧐
BNB/USD
But wait, Binance Coin (BNB) is over here like, “Hey, I’m too cool for your red zone,” rising by 5.5% in the last 24 hours. 💸
On the hourly chart, BNB has apparently set some serious boundaries, with a local resistance at $808.81. Yeah, that’s the new high school clique, but the cool kids only hang out at $800. The traders? They’ll be watching for that daily bar closure. 😏
If BNB stays below $800, well, brace yourself for a possible trip down to the $785 support level. Not as glamorous, but we’ll make it work. 💅
Now, on the bigger picture… BNB has gone ahead and busted through the $793 level. If the bulls hold it together (and let’s be real, they’ve got commitment issues), a candle closing above $800 could mean one thing: BNB might be on its way to a new all-time high. 🎉
In the midterm, the vibe’s looking pretty similar. But, hold your horses – volume is dropping, which means bulls might need to catch their breath before making the next big move. So, expect some chill sideways trading between $740 and $770. Think of it as BNB taking a nap before the next big sprint. 💤
As of now, BNB is trading at $796.29. So, go ahead and grab your popcorn – this crypto ride is far from over. 🍿
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2025-07-23 18:05