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Binance Chain (BNB), Zcash (ZEC), Tron (TRX) and Shiba Inu (SHIB) Price Analysis for October 26: Bearish Trend Is Stable

Binance Chain (BNB), Zcash (ZEC), Tron (TRX) and Shiba Inu (SHIB) Price Analysis for October 26: Bearish Trend Is Stable

Photo: U.Today

Binance Coin (BNB) trades at $742 after a small daily gain. The price is sitting right on its short-term trend line, and buyers are trying to keep control after several weeks of pullback. BNB reached approximately $810 in early October , its highest level in months. Sellers then pushed the price down to roughly $705, a drop of approximately 13%. Since that low, the coin has slowly recovered and now trades above the blue moving average near $735. This line has worked as support over the last several days. The wider picture remains positive.

Source: U.Today

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