Binance Coin Price Analysis: BNB bulls attempt to break downtrend at $390 and retest $400

TL;DR Breakdown Binance Coin price analysis suggests bullishnessBNB/USD continued to retrace over the last 24 hours.BNB finding support at $390 floor The Binance Coin price is predicted to rise in the next 24 hours, according to our Binance Coin price analysis. On the daily chart, the exchange currency established a higher low at $401 compared to yesterday’s value of $395. As a result, we anticipate that BNB/USD will correct to a higher low in the next 24 hours Bitcoin is down 0.16 percent and Ethereum has dropped 4.12 percent, with most cryptocurrencies seeing losses. Bitcoin shed 0.16 percent, whereas Ethereum fell by 4.12%. Algorand was the day’s top-performing altcoin, up 10%. Binance Coin price movement in the last 24 hours: Binance Coin reversed from $410 to $385 The price of Binance Coin remained constant during our Binance Coin 24-hour analysis, which saw it fluctuate within a daily range of $401 to $420. The total BNB Trading volume decreased by 30.05 percent as a result of a 30.05 percent decrease in trading volume and a market capitalization of $68 billion. BNB/USD 4-hour chart: BNB ready to reverse? On the Binance Coin price chart, it appears that the price may resume its decline today, as it is currently above $390. BNB/USD 4-hour chart. Source: TradingView In recent weeks, the Binance Coin price has shown a high level of interest from buyers. On July 20, BNB/USD found support near $450 and increased ...