Binance Coin slides down from $294.84 to $288 today, losing $6.84 (2.33%).
Binance Coin made an initial break below its 10 day Simple Moving Average at $292.91, a possible indication of a forthcoming negative trend. Binance Coin fell below the $288.53 support zone and moved 55 cents beyond it; the next level of support with significant buyer interest is estimated at $282.56.
In the short term, Binance Coin is expected to maintain its recent downtrend and continue spiralling lower.
Other assets are showing positive performances as having closed the previous session at $1.24, FTX Token is up 9.54% today to currently trade at around $1.36. Having closed the previous session at $0.06, TRON is up 0.82% today to currently trade at around $0.061. Cosmos USD added 1.48% to its value, now trading at $12.2.
Binance Coin has gained 20.53% since its lowest print of $196.72 earlier this year. BNB has a market cap of 45.47 billion with an average daily volume of 80.90 million.