Farcaster

BNB price reached a new all-time high on December 4, but is now trending lower according to several technical indicators.  BNB’s ADX index has increased from 12 to 31 in one day, indicating a strengthening bearish momentum, which increases the likelihood of further declines in the near term.

According to a report by BeInCrypto, BNB price is currently below the Ichimoku cloud, with bullish signals weakening and selling pressure increasing.   If this trend continues, BNB may experience further corrections and will likely test lower support levels in the coming days.

Graphic designer, lover of NFT world and Web3

Market vibes changing fast! Let’s see how BNB handles this dip! 📉

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