$BB The current price of one BounceBit coin$BB is $0.1000. In the last 24 hours, it has increased by 1.44%. In 46.75% of cases, the BB price closed above the opening price.
Based on 17 technical indicators, 1 buy signal, and 11 sell signals, the technical price analysis shows a bearish outlook in the short term. The first significant resistance level for the upward trend of BB is at $0.1496. To continue rising, it needs to close above this level, and the lower support is at $0.0999. Thus, if the price falls below $0.0999, we may see further price declines. If BB closes above $0.1496, it may rise to the next resistance level at $0.1844.
The 14-day Relative Strength Index (RSI) currently stands at 42.58, indicating neutral conditions, meaning the market is neither overbought nor oversold.
On the daily chart, the exponential moving averages show a bearish signal. The price of BounceBit is currently below all exponential moving averages.
