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.
