With Bitcoin (BTC) possibly beginning a comeback, the rest of the cryptocurrencies are also starting to turn back into the green. Among the more fundamentally strong altcoins are Binance Coin ($BNB), Kaspa ($KAS), and Render ($RENDER). All three have bounced from important support levels.
$BNB heads for another attempt to break its downtrend
Source: TradingView
The weekly chart for $BNB shows that the price has been ranging sideways since mid-March this year – very much as in the case for Bitcoin.
A descending trend line can be drawn from this point, which the $BNB price has generally respected, except for two failed breakouts in June, and more recently towards the end of September. The price has turned back around currently, and could head back towards that trend line in order to attempt another breakout.
The $BNB price has been drawn towards the Fibonacci levels, and these have accurately predicted support and resistance. The large dip to the 0.618 Fibonacci in the mid
We współpracy z: https://cryptodaily.co.uk/2024/10/bnb-kas-and-render-bounce-from-support
