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The price of Binance coin (BNB) has fallen below the moving average lines but remains above the 50-day SMA.

BNB price has maintained its uptrend and has risen to retest the barrier at $232. Cryptocurrency price analysis brought by Coinidol.com.

Cryptocurrency analysts of Coinidol.com report, the price of BNB fell drastically below the support level of $236 and reached a low of $215.30.

Cryptocurrency price analysis brought by Coinidol.com. The BNB price is in choppy price action.

BNB has been fluctuating in a range since the price collapse on June 12. The cryptocurrency asset has traded between $220 and $260.

The BNB price continues to fluctuate in a range between $220 and $260.

On October 15, Bloomberg published news that the US Securities and Exchange Commission (SEC) is going to approve the first-ever crypto ETF next week.

The cryptocurrencies in bear markets have reached their respective oversold regions. The bulls are emerging from the oversold regions pushing the altcoins in an uptrend. The altcoins will resume uptrend if the initial resistances are breached.

In 2017, the team at Invictus Capital launched one of the top 25 ICOs of all time with CRYPTO20, the world’s first tokenized crypto index fund.