BounceBit Price Forecast
$BB 18 August
The last price of one BounceBit/BB coin is $0.1209. In the last 24 hours, it has decreased by 4%. 47.59% of the days the BB price closed above the opening level. The maximum price for one coin $BB recorded in our database is $0.8068. This occurred 1 year and 2 months ago (June 6, 2024). Currently, the price has decreased by 85.01% from this maximum.
Based on 17 technical indicators, 8 buy calls and 4 sell calls, the technical analysis of prices 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 the rise, 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 decline. 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 57.84, indicating neutral conditions, meaning the market is neither overbought nor oversold. #BounceBitPrime @BounceBit