BNB Price is just 10% away from its previous all-time high, surging 181.79% this year as it continues to display strong market performance. However, recent indicators, including the ADX and Ichimoku Cloud, suggest that the current uptrend may be losing steam.

While the bullish structure remains intact, with key resistances within reach, momentum will need to strengthen for BNB to break its previous all-time high.

BNB Current Uptrend Could Not Last

BNB ADX is currently at 19, down from over 30 just two days ago, signaling a weakening trend. The ADX, or Average Directional Index, measures the strength of a trend on a scale from 0 to 100 without indicating its direction.

Values above 25 suggest a strong trend, while values below 20 indicate a weak or no trend. The decline in ADX suggests that while BNB price remains in an uptrend, the momentum driving it has significantly weakened.

BNB ADX. Source: TradingView

With the ADX at 19, BNB current uptrend appears to lack the strength seen in recent days, indicating a potential phase of consolidation or reduced buying pressure.

For the uptrend to regain strength, the ADX would need to rise above 25, confirming renewed momentum. Until then, BNB’s price may move sideways or face increased resistance in maintaining its bullish trajectory.

BNB Ichimoku Cloud Shows Mixed Signals

The Ichimoku Cloud chart for BNB currently shows a mixed trend. The price is slightly above the Kijun-Sen (orange line) and Tenkan-Sen (blue line), signaling some bullish momentum.

However, the price hovers near the edge of the cloud (Senkou Span A and B), indicatin

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Author: Tiago Amaral

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