Market trends BTC/BNB: September last Edition
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The price of the token presented below on the daily chart is going to be reviewed in a short description of trends. It is important to never invest more than you can afford to lose. The opinions given in this article are only for educational purposes. Please I recommend you conduct thorough research on the cryptocurrencies you have as targets before any action in this volatile market.
BNB prices have been positively moving up and are presently located above all previous resistance lines. The long ride-up apparently continued its course and surprised us when we breach 0.014 BTC per BNB the newly recorded ceiling for the price variations. The moving average lines indicated that the price is rapidly increasing within a short period. On the twenty-four hours candle chart, BNB prices are close to 0.01463 BTC as the moving average showed encouraging performance for all long-term predictions.
The prices have been trending upward for many days now, but the market is reacting against the complex situation characterizing the current bear market.
In any case, it is prudent to convert your tokens into stable coins like BUSD or DAI. The price can fall faster than expected at any moment in the coming hours.
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