Far Also BNB Fall Back After Reaching The Latest ATH - Kakiforex | Forex markets for the smart money. Far Also BNB Fall Back After Reaching The Latest ATH Far Also BNB Fall Back After Reaching The Latest ATH

May 20, 2021

Far Also BNB Fall Back After Reaching The Latest ATH

 A bloody tragedy hit the crypto market with most cryptocurrencies now exhibiting sharp declines to over 10% at the market opening for today.


The decline was also driven by a significant decline in the price movement for Bitcoin which has currently made a decline to below the $ 40,000 level.


The price movement for BNB also did not lag behind to make a decline of more than 40% at the market opening for this month after it made its latest all -time high (ATH).



However, if the movement shows an uptrend, the resistance level around the price of $ 600 will be tested again before heading to the all -time high (ATH) level that was recorded on May 10 last reached $ 691.77.


If the price continues to decline, the $ 300 RBS (resistance become support) zone will be the main focus to be tested before making a rise again or the price will continue to decline to the lower level recorded in February around the $ 200 level.