BounceBit Price Forecast$BB
The last price of one BounceBit/BB coin is $0.1254. In the last 24 hours, it has decreased by 2%. 46.88% of the days the price of BB closed above the price
Based on 17 technical indicators, 10 buy signals, and 3 sell signals, the technical analysis of prices suggests a bullish sentiment in the short term. The first significant resistance of the upward trend for BB is at $0.1496. To continue rising, it is necessary to close above this level, while 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 could rise to the next resistance level at $0.1844.
The 14-day Relative Strength Index (RSI) currently stands at 57.27, indicating neutral conditions, meaning the market is neither overbought nor oversold.
On the daily chart, the exponential moving averages indicate a bullish signal. The price of BounceBit is currently above the 50-day and 100-day EMAs. The 200-day EMA is at $0.1557, which is 19.43% from the current rate.#BounceBitPrime @BounceBit
