The latest price of one BounceBit coin/$BB is $0.1520. In the last 24 hours, it has decreased by 4%. 47.09% of the days, the price of $BB has closed above the opening level.

Based on 17 technical indicators, 11 buy signals, and 3 sell signals, the technical analysis of prices predicts a bullish sentiment in the short term. The first significant resistance of the upward trend for BB is at the level of $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 could rise to the next resistance level at $0.2410.

The 14-day Relative Strength Index (RSI) currently stands at 58.12, indicating neutral conditions, meaning the market is neither overbought nor oversold.

On the daily chart, the exponential moving averages show a bullish signal. The price of BounceBit is currently above the 50- and 100-day EMAs. The 200-day EMA is at $0.1529, which is 0.6143% of the current rate.#BB #BounceBitPrime @BounceBit