Binance coin has turned red as BNB tumbles away from double-topped resistance, but with price heading south is Binance Coin about to crash? Find out in this BNB price analysis.
Indeed, this downside move comes despite bullish developments on-chain for Binance Coin, with yesterday witnessing the 26th BNB burn event as more than 2m BNB tokens were burned (valued at $636M).
Unusual volume
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