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BNB Soars Above Oversold Shackles, Indicators Witness Uptrend Momentum

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After an 8.19% surge over the week, BNB recently escaped from the oversold region. Currently, BNB is priced at $243.62 after facing a fall of 1.12% in 24 hours Indicators confirm that an uptrend recovery may happen for BNB, this week. BNB continuously trades in the green region after experiencing an 8.19% surge in seven days. However, BNB fell by 1.12% in 24 hours and is priced at $243.62, at the press time. Moreover, the trading volume is valued at $348,412,112, facing an 11.09% fall in just a few days. Will this gradual fall of BNB continue to prevail over the week? Or, will the traders see this slight tumble as an opportunity? BNB 7-Day Chart (Source: CoinMarketCap) Looking at the BNB/USDT chart, there is a chance that the candlesticks’ current trajectory could lead it into the top half of the Bollinger Band, which is sometimes considered the up trend region by most traders. Since the candlesticks have touched the lower half of the Bollinger also known...