- The crypto market was a bit weaker last week, however BNB remains high.
- BNB / USD is trading at $ 22.26, holding most of its gains and maintaining the daily uptrend.
Binance Coin is doing much better than the rest of the market. XRP is down 7% while Bitcoin and others are down 2-4%, however, BNB is still strong and has remained stable today.
BNB / USD daily chart
The daily uptrend is still intact and BNB appears to be forming an equilibrium pattern with a clear higher low at $ 20.98 and a possible lower higher now forming. 12-EMA is currently acting as resistance and 26-EMA is acting as support level. Anything above $ 20.57 is still slightly bullish for BNB. The most important resistance level is at $ 24.