Bitcoin, Binance Coin and Decentraland – European Wrap 11 February

Bitcoin price is at an inflection point of its recent uptrend and is likely to reverse and establish a directional bias. If BTC sets a higher low, there is a good chance the rally will continue; else, investors can expect a steep correction.

Binance Coin price is looking to shatter a blockade that has prevented it from moving higher since December 2021. As BNB coils up under this hurdle, a breakout seems like the most plausible outcome.

BNB/USDT 4-hour chart

 

Decentraland price has broken free from its extended downtrend and is currently on a recovery rally. The recent U-turn in January shows that the momentum is strong and is likely to extend the run-up.

 

MANA/USDT 1-day chart

 

 

 

 

This news is republished from another source. You can check the original article here

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