BNB is down to $313.62, after ending today at $314.94. Overall, a 0.42% loss or $1.32 today.
Concerning technical analysis and more specifically, trend indicators, investors are seeking long positions as Binance Coin price action surged above +100 — a key CCI threshold indicating an imminent bullish trend. According to asset volatility analysis, BNB's upper Bollinger Band® is at $316.97 which indicates a further downward move may follow.
Overall, while Binance Coin has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.
In the meantime, negative performances are also seen in other markets, Bitcoin Cash is down to $123.08, losing $3.24, after closing at $126.32 in the preceding trading session.
Other assets are showing positive performances as having closed the previous session at $1.24, FTX Token is up 9.54% today to currently trade at around $1.36. Ripple added 3% to its value, now trading at $0.526.
BNB is currently trading with a market cap of 49.52 billion with an average daily volume of 437.45 million.