BNB’s price bounces off from $250 as the price rallies to a high of $300 as bulls take charge of the price. BNB’s price remains strong as bulls reclaim $300 despite uncertainty in the market traders and investors remain cautious. BNB’s price bounces from a low of $250 on the daily timeframe as the price reclaims $300 as price trades above the 50 Exponential Moving Average (EMA) The price action demonstrated by Binance Coin (BNB) has recently been a better performer rallying from $250 to a weekly high of $300 than the previous week as the market suffered from some price decline affecting most crypto assets. Despite the relief bounce from BNB (BTC), the price still trades below the key region of interest that would attract the attention of many buyers. The Domino effect of the FTX saga and other huge investors has left the market at a standstill as the market is yet to make a major move leading to much fear about where the market could be headed. (Data from Binance) Related Reading: Bitcoin Bulls Get Rejected As $16,700 Proves T ..
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