The price of BNB has experienced a small setback since it shows signs of exhaustion. Meanwhile, the BNB chain memecoins are gaining ground and registering three -digit profits.
Summary
- The price of BNB falls below $ 1,300 as the profits increase.
- The RSI currently marks 74.51, which indicates overcompra conditions, while the MACD remains bullish but shows signs of a diminishing impulse.
- The price action reveals a key support between $ 1215 and $ 1230, with a resistance close to $ 1334 and $ 1400.
- The memecoins in the BNB chain are winning impulse and several recorded strong profits during the past week.
The price of BNB has been rising in October, crossing the level of $ 1,300 on Tuesday to a maximum of $ 1,336. Although since then the Token has renounced some of its profits and has fallen below the level of $ 1300, it remains in Alcista territory, registering a gain of 1.43% in the 24 -hour graph and 27% in the last seven days, according to the Crypto.news market data.
BNB (BNB) The price action has been characterized by higher and more constant maximums, confirming an aggressive bullish structure that began at the end of August. However, the last candle shows a long superior wick, a sign that the impulse above $ 1.330 found an important benefits.
The technical indicators point to a growing caution. The relative force index (RSI) reached 74.51, indicating overcompra conditions, while the MACD remains bullish with the MACD line well above the signal line. Despite the strong impulse, a lower bear divergence between the RSI and the price suggests a weakening of force, often an early warning of consolidation or reversion.
The key support is now between 1,215 and $ 1,230, the old resistance zone during rupture. A deeper correction could point to the $ 1,150 zone. On the positive side, a closure above $ 1,300 could restore the bullish control, with $ 1,334 as close resistance and between $ 1,400 and $ 1,500 if the impulse persists.
The BNB chain memecoins join the BNB price rebound
To the rumors around the BNB ecosystem an increase in memecoins in the BNB chain is added, many of them inspired by Binance and its founder, Changpeng Zhao. These tokens have experienced a strong increase in both the volume of operations and in the price.
“BNB meme size!” Zhao recently aware In X. “I didn’t expect this at all. And people keep asking me for the future. Keep building!” He added.
Leading the rally is $ 4, a meme coin based on the viral photo of Zhao’s four fingers, which appeared during the recent BNB Chain X account. cut. Another trend token is named after Giggle Academy of Binance.
The token of 4 dollars has risen 16.58% in the last 24 hours and 339.31% during the week. Chain data show that more than 100,000 merchants have joined the Memes season, with 70% profits and some winning millions.
While Binance Coin points to a return to the level of $ 1,300, all eyes are placed in whether the bulls can recover higher ground or if overcompra conditions will force a cooling. At the same time, the increase in the MEME coins of the BNB chain is generating a new enthusiasm and attracting thousands of new merchants.
