August 2 The latest price of one BounceBit coin/$BB is $0.0943. In the last 24 hours, it has decreased by 5%. 46.67% of the days the BB price closed above the opening level.
Based on 17 technical indicators, 3 buy signals, and 12 sell signals, the short-term sentiment forecast is bearish, based on technical price analysis. The first major resistance of the upward trend for BB is at the level of $0.5671. To continue rising, it must close above this level.
The 14-day relative strength index (RSI) currently stands at 29.76, indicating an oversold condition, and oversold conditions signal that the price may rise in the near future.
On the daily chart, the exponential moving averages show a bearish signal. The price of BounceBit is currently below all exponential moving averages.
