1 BNB = 9714 Satoshi -- Will it continue to go down looking for food?
(Chart by TradingView)
Binance Coin against Bitcoin's alligator seems to went up hunting preys to almost about 10,500+ at May 27 - 28. But then it went down again until now.
Meanwhile, the Moving Average Convergence Divergence (MACD) oscillator, which was previously in a bullish position, has shifted to a bearish position. This indicates that the initially rising price of this asset is beginning to fall again.
Meanwhile, the stochastic RSI (Relative Strength Index) oscillator seemed to be in oversold territory. This means that the market price of this asset has fallen below its intrinsic price.
And now we see that the alligator's mouth is beginning to show signs of opening downward. Will it continue to go down looking for food?
Let's follow this Binance Coin's alligator odyssey towards Bitcoin.
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