Market trends: BTC vs BNB in June 2022
Peace Hive,
What have you completed today? I am sure you got a lot of happiness going throw the daily activity. How are you all doing today?
I hope you all are spending a great time during these few days in June.
Greetings to you dear readers. The price of the token presented above 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 are currently moving up above the resistant line. The long ride down has apparently surprised us all as described on the chart. The moving average lines indicated that the price is slowly recovering for a period of seven or nine days. On the twenty-four hours candle chart, BNB prices are close to 0.01 BTC as the moving average showed positive performance for all short-term predictions.
The prices have been trending upward for two days now, so the market is reacting positively against the bearish situation.
It is prudent to convert your tokens into stable coins like BUSD or DAI. The price may fall down in the coming hours.
Entertainment purpose only.
Regards