BNB (BNBUSD) last traded at 603.41, down 0.52% on the session.

Trend

The daily picture is best described as below the 200-day average but with a mixed short-term structure. Price sits 2.6% under its 200-day SMA at 619.508, yet holds above the shorter averages: it is 1.55% above the 20-day SMA (594.185) and 4.22% above the 50-day SMA (579.00). The rising near-term averages and the falling longer-term one form the split that the trend label points to.

Momentum and volatility

The 14-day RSI reads 58.6, in neutral territory (30-70) and tilted toward the upper half of that band. The 14-day ATR stands at 11.872, or 1.97% of price. Notably, that ATR sits at the 0th percentile of the past year - the lowest daily volatility reading in twelve months.

Price has posted 3 consecutive lower closes into this reading.

Range and structure

BNB is deep in the lower reaches of its 52-week range, with range position at 8 out of 100. It sits 56.16% below the 52-week high of 1376.24, an extreme set 307 sessions ago, and 12.62% above the 52-week low of 535.81, which was made more recently at 46 sessions back. The 20-day swing band runs from 562.28 to 619.37, while the 60-day band stretches from that same 535.81 low up to the 619.37 high - meaning the two-month high and one-month high coincide.

Weekly view

The weekly frame reads as a downtrend: price is below the 20-week average and the 20-week is below the 50-week. Price sits 1.01% under the 20-week SMA (609.542) and a wide 21.28% under the 50-week SMA (766.486). Weekly RSI is 45.6, below the midline, and last week closed 0.4% higher. This weekly downtrend is more bearish than the daily structure, where price holds above its 20- and 50-day averages - the two timeframes disagree on near-term posture, though both keep price beneath their longest averages.

Over the trailing windows, BNB is up 0.9% on the week and 5.96% on the month, but down 6.1% over the quarter and 29.5% over the year.

Descriptive technical summary generated by the ForexBullion Research Team from our own price feed. Not investment advice.