Market trends BTC/BNB: At the end July

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Peace,

Greetings to you dear readers,

How are you doing on this beautiful day?

I hope you all are enjoying your quality time.

pricechart.png

Source

The price of the token presented below on the daily chart is going to be reviewed in a short description of trends. It is important to never invest more than you can afford to lose. The opinions given in this article are only for educational purposes. Please I recommend you conduct thorough research on the cryptocurrencies you have as targets before any action in this volatile market.

BNB prices have been positively moving up above the resistance lines. The long ride-up has apparently continued despite the condition of most crypto assets during this bear market. The moving average lines indicated that the price is steadily increasing within short a period of days. On the twenty-four hours candle chart, BNB prices are close to 0.0116 BTC as the moving average showed mitigated performance for all short-term predictions.
The prices have been trending upward for many days now, but the market is reacting differently against the complex situation in the crypto world.
In any case, it is prudent to convert your tokens into stable coins like BUSD or DAI. The price can fall at any moment in the coming hours.

Entertainment purpose only.

Regards




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