The latest price of one BounceBit$BB coin is $0.1466. Over the last 24 hours, it has increased by 3%. 47.59% of the days, the price $BB closed above the opening price.
Based on 17 technical indicators, 11 buy calls, and 1 sell call, the technical price analysis suggests a bullish sentiment in the short term. The first significant resistance of the upward trend for $BB is at $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 drops below $0.0999, we may see further price declines. If BB closes above $0.1496, it may rise to the next resistance level at $0.1844.
The 14-day Relative Strength Index (RSI) currently stands at 59.92, 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 $0.1510, which is 2.87% of the current rate.#BB #BounceBitPrime @BounceBit