The latest price of one BounceBit coin/$BB is $0.1079. In the last 24 hours, it has increased by 9%. 47.10% of the days the BB price has closed above the opening price.
Based on 17 technical indicators, 7 buy calls, and 6 sell calls, the price technical analysis shows a bullish short-term forecast. The first significant resistance of the upward trend for BB is at the level of $0.1496. To continue rising, it needs to close above this level, and the lower support is at $0.0999. Thus, if the price drops below $0.0999, we may see further price declines. If BB closes above $0.1496, it could rise to the next resistance level at $0.1844.
The 14-day Relative Strength Index (RSI) currently stands at 51.97, indicating natural conditions, meaning the market is neither overbought nor oversold.#BB #BounceBitPrime @BounceBit
