BNB Surges Past $687 Resistance as Investors Seek Safe Havens
Global trade disputes are impacting cryptocurrency markets, with BNB showing resilience amid traditional market volatility. Investors are turning to digital assets as a hedge against economic uncertainty.
Technical Analysis Highlights
- BNB broke resistance at $687.50 and reached $691.06, establishing support at $688.70.
- A significant price spike occurred between 23:00-00:00 with volume of 45,675 units.
- BNB corrected from $690.11 to $688.87, a decline of 0.18% within an hour.
- Volatility increased briefly at 01:50-01:53, reaching $689.85 before declining again.
- Price fell from $689.53 to $689.13 on high volume, indicating profit-taking.