The current price of one BounceBit coin $BB is $0.1570. Over the last 24 hours, it has increased by 14%. 47.37% of the days the price of $BB closed above the opening price.

Based on 17 technical indicators, 12 buy calls and 2 sell calls, the short-term outlook is bullish, based on technical price analysis. The first significant resistance of the uptrend for $BB is at $0.1844. To continue rising, it needs to close above this level, while the lower support is at $0.1496. Thus, if the price drops below $0.1496, we may see further price decline. If BB closes above $0.1844, it may rise to the next resistance level at $0.2410.

The 14-day Relative Strength Index (RSI) currently stands at 61.49, 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 all 10-, 20-, 50-, 100-, and 200-day exponential moving averages.#BB #BounceBitPrime @BounceBit