Bitcoin Exchange Binance Announces It Will Suspend Deposits and Withdrawals of Many Altcoins on the BNB Network!
Binance's Network Changes: Binance will cease support for deposits and withdrawals of specific tokens via certain networks starting October 23, 2024, at 11:00 AM, urging users to act before the deadline to avoid asset loss.
User Guidance: Users can still transact with the affected tokens through other supported networks and are encouraged to verify network availability to ensure successful transactions.
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Technical Analysis for BNB
Technical Sentiment Analysis for BNB (BNB) As of , BNB (BNB) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BNB stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BNB is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
BNB (BNB) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 269.02 | 419.54 | 568.73 | 719.25 | 868.44 | 1018.96 | 1168.15 |
| Fibonacci | 419.54 | 534.029 | 604.761 | 719.25 | 833.739 | 904.471 | 1018.96 |
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