2 years ago
After extending caller gains, bnb roseate to its highest constituent successful 2 months during today’s trading session. The determination comes pursuing tweets from Binance CEO Changpeng Zhao, confirming a caller concern with Swiss watchmaker Franck Muller. Ethereum classic, connected the different hand, was little for a 2nd consecutive session.
Binance Coin (BNB)
BNB, the autochthonal token of the Binance ecosystem, was 1 of today’s biggest movers, arsenic it roseate to its highest level successful 2 months.
The determination came pursuing the announcement of a caller concern with Swiss luxury watchmaker Franck Muller.
Binance CEO Changpeng Zhao confirmed the news, tweeting, “Franck Muller accepts BNB outgo for their watches”.
As a effect of this, BNB/USD roseate to an intraday highest of $307.76 successful today’s session, little than 24 hours aft trading astatine a debased of $290.32.
The determination saw BNB ascent supra its absorption level astatine $300, connected its mode to hitting its highest constituent since June 6.
Following this high, momentum has present eased, arsenic bulls apt liquidated their earlier positions astatine this level, which has historically been a constituent of uncertainty.
In summation to this, BNB appears to person entered overbought territory, with the 14-day comparative spot scale (RSI) presently tracking astatine a four-month precocious of 69.77.
Ethereum Classic (ETC)
On the different hand, ethereum classical (ETC) was down for a 2nd consecutive day, arsenic prices proceed to driblet pursuing a caller high.
Since hitting a highest of $45.40 connected July 29, which was its highest constituent since April, ETC/USD traded successful the reddish for 5 of the past 7 sessions.
Today’s driblet saw the cryptocurrency autumn to an intraday debased of $35.10, which is marginally higher than a existent enactment level of $35.00.
Since hitting this bottom, prices person somewhat increased, with the token trading astatine $36.14, arsenic of writing.
This appears to beryllium owed to the 14-day RSI moving supra a level of its ain astatine 65, and it is presently tracking adjacent to 67.
Should we proceed to spot terms spot increase, ETC bulls volition apt effort to instrumentality the token towards a ceiling of $38.90.
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Will we spot ethereum classical ascent to arsenic precocious arsenic $40 this week? Let america cognize your thoughts successful the comments.
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