BNB can witness increase in selling pressure, thanks to these factors

BNB can witness increase in selling pressure, thanks to these factors


AMB Crypto
2023-01-20 13:30:30

BNB’s leading indicator RSI was in an overbought position. Most of the metrics gave a bearish reading. Binance Coin’s [BNB] performance of late has been in the buyers’ favor, like most of the other cryptos. However, Santiment’s data revealed that BNB was overvalued as per its MVRV Z-Score. The metric identifies overvalued and undervalued assets