BNB: A Long Bullish Run Can Be Replaced By A Correction

Over the last few days, Binance coin has shown an enormous performance by the market capitalization and now it is the 7th most popular digital asset.

Taking into account the technical analysis, the coin came back to its previous resistance level at $19, based on the 4-hour chart.


Analyzing the asset in the long-term perspective, one can see that the bullish run has started from the beginning of February. In this regard, RSI indicators shows the BNB is overbought and a little rollback is possible.