{"id":10681,"date":"2022-10-13T22:23:13","date_gmt":"2022-10-13T22:23:13","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/10\/13\/binance-coin-bnb-loses-key-support-is-200-the-next-stop\/"},"modified":"2022-10-13T22:23:13","modified_gmt":"2022-10-13T22:23:13","slug":"binance-coin-bnb-loses-key-support-is-200-the-next-stop","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/10\/13\/binance-coin-bnb-loses-key-support-is-200-the-next-stop\/","title":{"rendered":"Binance Coin (BNB) Loses Key Support, Is $200 The Next Stop?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div wp_automatic_readability=\"71.418722139673\">\n<ul>\n<li><strong><span data-preserver-spaces=\"true\">BNB value struggles as $270 assist fail to carry, with many patrons wishing for $200 BNB.\u00a0<\/span><\/strong><\/li>\n<li><strong><span data-preserver-spaces=\"true\">BNB value breaks under 50 and 200-day Exponential Moving Average; this invalidates the bullish value of BNB.\u00a0<\/span><\/strong><\/li>\n<li><strong><span data-preserver-spaces=\"true\">The value of BNB might restest $200 if the value maintains a bearish construction.\u00a0<\/span><\/strong><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">Many The value of Binance Coin (BNB) has struggled not too long ago to reclaim its bullish power towards tether (USDT) however was unable to as the value hit a brand new contemporary rock. The crypto market confronted a brand new disadvantage as Bitcoin (BTC) value dropped from a area of $19,000 to $18,100 because the Consumer Price Index (CPI) recommended a rise in inflation affecting the value of BTC negatively with Binance Coin (BNB) not not noted of the equation. (Data from Binance)<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">State Of The Market<\/span><\/h2>\n<figure id=\"attachment_506193\" aria-describedby=\"caption-attachment-506193\" style=\"width: 860px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"size-large wp-image-506193\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-13-at-19.52.59-860x275.png\" alt=\"\" width=\"860\" height=\"275\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-13-at-19.52.59-860x275.png 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-13-at-19.52.59-460x147.png 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-13-at-19.52.59-768x246.png 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-13-at-19.52.59-1536x492.png 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-13-at-19.52.59-2048x656.png 2048w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-13-at-19.52.59-750x240.png 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-13-at-19.52.59-1140x365.png 1140w\" sizes=\"auto, (max-width: 860px) 100vw, 860px\"\/><figcaption id=\"caption-attachment-506193\" class=\"wp-caption-text\">State Of Crypto Market | Source: On <a href=\"https:\/\/coin360.com\/\" target=\"_blank\" rel=\"noopener\">Coin360.com<\/a><\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">After displaying reduction bounces and the crypto market cap trying able to rally to a excessive with the hopes of altcoins becoming a member of the get together, this was minimize quick as many altcoins skilled a value decline, with many dropping key assist and extra threat of falling as the value of Bitcoin Dominance (BTC.D) continues to rise.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Binance Coin (BNB) Price Analysis On The Weekly Chart.<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The first week of October noticed many altcoins displaying a lot power because the rally, with others producing double-digit positive factors coupled with the truth that BTC.D was down at that second, and as such, there was not a lot Bitcoin impact throughout value retracement.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The value of BNB in current weeks has protected the area of $270 as the value wants to carry this key assist to keep away from its value from going decrease to a area of $245 and probably $200. After BTC noticed its value rejected to a low of $18,200, the value of BNB adopted its value as this was a pointy decline throughout the crypto market.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">With the value of BNB defending this key assist, we might see value bouncing off this area; if the value of BNB stays bearish, we see this area flipped into resistance.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Weekly resistance for the value of BNB \u2013 $298.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Weekly assist for the value of BNB \u2013 $270-$260.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Price Analysis Of BNB On The Daily (1D) Chart<\/span><\/h2>\n<figure id=\"attachment_506194\" aria-describedby=\"caption-attachment-506194\" style=\"width: 860px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"size-large wp-image-506194\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BNBUSDT_2022-10-13_19-55-47-860x569.png\" alt=\"\" width=\"860\" height=\"569\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BNBUSDT_2022-10-13_19-55-47-860x569.png 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BNBUSDT_2022-10-13_19-55-47-460x304.png 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BNBUSDT_2022-10-13_19-55-47-768x508.png 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BNBUSDT_2022-10-13_19-55-47-1536x1017.png 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BNBUSDT_2022-10-13_19-55-47-750x496.png 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BNBUSDT_2022-10-13_19-55-47-1140x755.png 1140w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BNBUSDT_2022-10-13_19-55-47.png 1692w\" sizes=\"auto, (max-width: 860px) 100vw, 860px\"\/><figcaption id=\"caption-attachment-506194\" class=\"wp-caption-text\">Daily BNB Price Chart | Source: BNBUSDT On <a href=\"https:\/\/www.tradingview.com\/x\/bwujZbvP\/\" target=\"_blank\" rel=\"noopener\">Tradingview.com<\/a><\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">In the each day timeframe, BNB confronted rejection at $298 as the value struggled not too long ago to flip this area into assist. The value continued to maneuver under $298 earlier than the value was met with a rejection to a area of $265.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The value of BNB trades at $270 as the value bounced off after a drop to $265. BNB\u2019s value trades under the 50 and 200 Exponential Moving Averages (EMA) as the value must flip these areas to change into bullish for BNB. The values of $280 and $305 correspond to 50 and 200 EMA as they act as resistance for the BNB value.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Daily resistance for the value of BNB \u2013 $290-$305.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Daily assist for the value of BNB \u2013 $270.<\/span><\/p>\n<pre style=\"text-align: center\"><span data-preserver-spaces=\"true\">Featured Image From zipmex, Charts From Tradingview\u00a0<\/span><\/pre>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.newsbtc.com\/analysis\/binance-coin-bnb-loses-key-support-is-200-the-next-stop\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] BNB value struggles as $270 assist fail to carry, with many patrons wishing for $200 BNB.\u00a0 BNB value breaks under 50 and 200-day Exponential Moving Average; this invalidates the bullish value of BNB.\u00a0 The value of BNB might restest $200 if the value maintains a bearish construction.\u00a0 Many The value of Binance Coin (BNB) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10683,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[192,370,436,336,1276,2337,162],"class_list":["post-10681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-binance","tag-bnb","tag-coin","tag-key","tag-loses","tag-stop","tag-support","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/10681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=10681"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/10681\/revisions"}],"predecessor-version":[{"id":10682,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/10681\/revisions\/10682"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/10683"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=10681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=10681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=10681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}