The most recent Binance Coin price analysis reveals that the price is recovering following a steep decline yesterday. The prior week’s trend was bearish, as the price continued to fall. However, the price has been able to stabilize around $315.8 since the upward trend reappeared today. On the one-day price chart, the moving average indicator (MA) is showing a value of $322.8. However, the Bollinger Bands, which measure the volatility of the price, are diverging, with the upper band indicating resistance at $338.7 and the lower band indicating support at $313.5. The Relative Strength Index (RSI) is at index 43.
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