{"id":9243,"date":"2022-09-22T18:18:32","date_gmt":"2022-09-22T18:18:32","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/09\/22\/binance-coin-bnb-usd-maintains-a-downtrend\/"},"modified":"2022-09-22T18:18:32","modified_gmt":"2022-09-22T18:18:32","slug":"binance-coin-bnb-usd-maintains-a-downtrend","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/09\/22\/binance-coin-bnb-usd-maintains-a-downtrend\/","title":{"rendered":"Binance Coin BNB\/USD maintains a downtrend"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Binance has been granted a license to function in Dubai<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p>Native token BNB is buying and selling on the $270 help<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p>BNB faces additional decline if restoration stalls as bearish indicators emerge<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">Binance BNB\/USD continues to battle regardless of gaining barely on Thursday. The decline displays macro considerations amid a price hike by the Federal Reserve on Wednesday. As with most exchange-linked tokens, a dampened sentiment is hitting the value. The decline will be attributed to a fall in buying and selling volumes.<\/p>\n<p dir=\"ltr\">BNB is, nonetheless, not the largest loser out there, because it trades simply 2.13% prior to now one week. The cryptocurrency trades at $270, in comparison with a excessive of $335 in mid-August. The decline was linked to profit-taking since BNB has a longtime resistance at $335.<\/p>\n<p dir=\"ltr\">On the constructive facet, Binance obtained a Minimal Viable Product license in Dubai on Tuesday. The license permits the crypto alternate to supply numerous digital asset providers to traders within the nation. Binance can even make the most of the native banking channels, enabling it to broaden digital cash providers. The newest improvement occurred after Binance was granted a provisional license in March for an workplace within the UAE.<\/p>\n<h2 dir=\"ltr\">BNB entangled between a bearish trendline and help<\/h2>\n<h3>eToro<\/h3>\n<p>eToro is likely one of the world&#8217;s main multi-asset buying and selling platforms providing a few of the lowest fee and charge charges within the business. It&#8217;s social copy buying and selling options make it a nice alternative for these getting began.<\/p>\n<p>\n <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=NzU5MzY&amp;component=simple-table&amp;language=en&amp;country=DE&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n  Buy BNB with eToro today<br \/>\n  <\/a><br \/>\n  <button class=\"o-flex o-items-center o-mt-2 o-text-sm o-text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptoasset investing is unregulated in most EU countries and the UK. No consumer protection. Your capital is at risk. CFD crypto trading is unavailable for clients residing in the UK and US.\" aria-expanded=\"false\"><br \/>\n <span class=\"o-border-b o-border-gray-600 o-border-dotted\">Disclaimer<\/span><br \/>\n <span class=\"o-ml-1\"><br \/>\n <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\"><path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/><\/svg><br \/>\n <\/span><br \/>\n <\/button>\n <\/p>\n<h3>Capital.com<\/h3>\n<p>Capital.com is a world dealer which gives over 200 cryptocurrencies for its customers.<\/p>\n<p>It comes with a vary of options akin to; nice safety, 24\/7 help, demo accounts and a vast number of belongings.<\/p>\n<p>On prime of that, it additionally has no inactivity, withdrawal or deposit charges, which makes it stand out from different crypto manufacturers.<\/p>\n<p>\n <a href=\"https:\/\/coinjournal.net\/visit\/capital-com-crypto?guid=NzU5MzY&amp;component=simple-table&amp;language=en&amp;country=DE&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n  Buy BNB with Capital.com today<br \/>\n  <\/a><br \/>\n  <button class=\"o-flex o-items-center o-mt-2 o-text-sm o-text-gray-600 focus:o-outline-none\" data-tooltip=\"83.45% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.\" aria-expanded=\"false\"><br \/>\n <span class=\"o-border-b o-border-gray-600 o-border-dotted\">Disclaimer<\/span><br \/>\n <span class=\"o-ml-1\"><br \/>\n <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\"><path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/><\/svg><br \/>\n <\/span><br \/>\n <\/button>\n <\/p>\n<p dir=\"ltr\">BNB has been buying and selling on a bearish trendline for the reason that August excessive. The token is now buying and selling at a help of $270, making it an necessary zone for consumers.<\/p>\n<p dir=\"ltr\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/media.igms.io\/2022\/08\/22\/1663859585927-bbccfe65-3ecb-4119-8fca-d17de0b3a7bd.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"310\"\/>Source \u2013 TradingView<\/p>\n<p dir=\"ltr\">BNB is recovering after touching the help. However, we stay cautious of value restoration on the present stage. BNB shaped a bearish pin bar on the help, according to the month\u2019s-long downtrend. The transferring averages are additionally bearish on the token.<\/p>\n<p dir=\"ltr\">An RSI studying of 44 means that we&#8217;re but to enter the oversold zone for BNB. Should the token fail restoration on the present stage, the subsequent help is at $244.<\/p>\n<h3 dir=\"ltr\">Summary<\/h3>\n<p dir=\"ltr\">BNB could proceed with the downtrend if it fails to get better at $270. The token could settle at $244 as sentiment stays weak.<\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/bnb-maintains-a-downtrend-here-is-the-levels-to-watch\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Binance has been granted a license to function in Dubai Native token BNB is buying and selling on the $270 help BNB faces additional decline if restoration stalls as bearish indicators emerge Binance BNB\/USD continues to battle regardless of gaining barely on Thursday. The decline displays macro considerations amid a price hike by the 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