As BNB retraces the $300 level; TAMA is getting stronger

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The Binance Coin price forecast shows that BNB is going sideways, preparing for a short-term upward movement.

Binance Coin Forecast Statistics Information:

  • Binance Coin price now – $269
  • Market value of Binance Coin – 43.5 billion dollars
  • Binance Coin distribution supply – 161.3 million
  • The total supply of Binance Coin – 161.3 million
  • Binance Coin Coinmarketcap Rank – #5

BNB/USD market

Key steps:

Resistance levels: $320, $340, $360

Support levels: $240, $220, $200

As BNB retraces the $300 level;  TAMA is getting stronger
BNBUSD – Daily Chart

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According to the daily chart, BNB/USD is trying to return to the positive side at the time of writing. However, due to lack of sufficient buying power, bulls could not sustain a rise above the 9-day moving average. Meanwhile, the relative strength index (14) of the technical indicator is moving above the 40-level and the signal is repeating. Looking back at the recent dip, a recovery has been slow but very limited below $300.

Binance Coin can rise higher; Tamadoge is getting stronger

The price of Binance Coin is trading at $269.8 because the immediate downside is protected by the $265 support level. Additionally, the $300 range is key for BNB trading and a move to the lower border of the channel may lead to support levels of $240, $220 and $200. Looking at the daily chart, sideways trading action may dominate the current session, and this may continue in subsequent sessions.

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However, following the recent price, BNB/USD is currently facing potential resistance at the 9-day moving average, but a break above this barrier could bring a large green candle to the upside, potentially reaching the $320 resistance level. 340, 360 dollars.

On BTC, the market price is now hovering above the 9-day and 21-day moving averages at 1395 SAT. If Binance Coin stays above the 9-day and 21-day moving averages, it may hit resistance at 1550 SAT and above.

BNBBTC – Daily Chart

Meanwhile, when traders look at the daily chart, the technical indicator Relative Strength Index (14) goes below the 60-level, when the signal line points down, the market price can follow the low movement. Moreover, if Binance Coin falls below the lower border of the channel, it may find support at 1250 SAT and below.

The final days of the Tamadogge ( TMA ) presale this weekend were marked by over $80,000 worth of FOMO purchases. The Tamadoge Token Presale reached its target of $19 million on Sunday, which Yacob said on YouTube is a strong coverage higher than the 2014 Ethereum ICO and the 2022 STEPN ICO. The presale lasted less than eight weeks from July 25th to September 18th – making it one of the most successful crypto presales this year alongside Battle Infinity, which we’ve reviewed, and another buy-to-let crypto token that has soared in value. One hundred percent by IDO. The big whale buying this weekend could indicate that TAMA will do well on launch day. Tamadog was shown on CNBC last week as having great potential and similarities to popular video games. The Tamadogge listing price will be $0.03, and the maximum supply will be 2 billion tokens.

Tamadoge – Meme Play to earn coins

Tamadoge logo
  • Get TAMA in battles with Doge’s pets
  • Sealed Supply of 2 Billion, Token Burn
  • Presale collected 19 million dollars in two months
  • Upcoming ICO by LBank, Uniswap

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Related:
• How to buy Tamagoge
• Visit the Tamadoge website

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