Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

Can BNB Reclaim $1,000? Analyst Warns of Bearish Momentum

1d ago
bullish:

0

bearish:

0

Share
BNB trades at $948 after losing $1,000 support as ETF outflows fuel cautious crypto sentiment.
  • BNB dropped to trade under $950 after losing $1,000 support, with $945 now the key level to defend.
  • MACD flattening and RSI near 70 suggest fading momentum and risk of deeper correction.
  • ETF outflows of $360M BTC and $120M ETH mirror the cautious mood weighing on BNB price.

Binance Coin (BNB) has come under renewed pressure, sliding toward $955 as part of a broader market pullback. 

James Seyffart, an analyst at Bloomberg Intelligence, noted on Bankless that BNB is still absent from top crypto ETFs, even as peers such as Cardano (ADA) gain traction with fund managers. 

That gap matters. ETF inclusion often signals a form of legitimacy and tends to funnel long-term institutional flows. Without it, BNB r…

Read The Full Article Can BNB Reclaim $1,000? Analyst Warns of Bearish Momentum On Coin Edition.

1d ago
bullish:

0

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.