Binance COINUSDT Perpetual Contract Trades Below Key Averages at $181.05
Photo: TokenPost
Binance’s COINUSDT perpetual contract stood at $181.05 at approximately 6 a.m. ET (10:00 UTC) on Oct. 11, up 0.03% over 24 hours, while its price remained below several near-term averages. The contract moved between $180.35 and $181.59 during the 24-hour period. Its seven-day simple moving average was $181.39, compared with $188.49 for the 20-day average and $184.91 for the 50-day average. The averages did not form a conventional descending bearish sequence. Ranked from lowest to highest, they were the seven-day, 50-day and 20-day measures. The 200-day average stood at $175.45, about $5.60 below the contract price.
Source: TokenPost
