IMON AI has been updated with a new artificial intelligence module trained on financial data! Now, even those with limited financial literacy can easily analyze cryptocurrencies. Simply choose the cryptocurrency you're interested in, and IMON AI will provide you with technical and fundamental analyses to guide you in your investment decisions. Designed to inject excitement into the world of finance, this update ensures that investors stay well-informed at all times. Financial analysis is now easier and more enjoyable than ever!
Here is a sample of BNB.
Technical Analysis:
Support Levels:
1. The first support level for BNB is around $219.06, which is the lower Bollinger Band.
2. The second support level is at the 50-day Simple Moving Average (SMA), which is approximately $237.07.
3. The third support level is around the 200-day SMA, which is approximately $233.98.
Resistance Levels:
1. The first resistance level for BNB is around $250.15, which is the upper Bollinger Band.
Fundamental Analysis:
1. BNB is ranked 4th in terms of total market capitalization among cryptocurrencies.
2. The 24-hour trading volume for BNB is approximately $398.87 million.
3. The circulating supply of BNB is approximately 151.70 million tokens.
4. BNB belongs to categories such as smart contract platforms, centralized exchanges, security tokens, and layer-1 solutions.
5. BNB has shown positive performance in the last week and month, with returns of 2.69% and 0.52%, respectively.
6. However, BNB has experienced significant negative returns over the last 3 months, 6 months, year-to-date, and year, with returns of -11.17%, -31.38%, -12.41%, and -24.23%, respectively.
7. BNB has demonstrated high volatility, with a 1-day volatility of 0.63%.
Please note that cryptocurrency prices are highly volatile and can change rapidly. It is important to conduct thorough research and use additional indicators or methods before making any investment decisions.