{"id":209937,"date":"2021-12-30T20:00:14","date_gmt":"2021-12-30T14:30:14","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=209937"},"modified":"2021-12-30T14:06:00","modified_gmt":"2021-12-30T08:36:00","slug":"binance-coin-vechain-ethereum-classic-price-analysis-30-december","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/binance-coin-vechain-ethereum-classic-price-analysis-30-december\/","title":{"rendered":"Binance Coin, VeChain, Ethereum Classic Price Analysis: 30 December"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">The broader market still struggled to initiate a swift bullish rally. Consequently, altcoins like Binance Coin, Vechain, and Ethereum Classic stayed below their 20-50-200 SMA. Now, the RSI of all these cryptos attempted a retrieval from the oversold region.\u00a0<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Binance Coin (BNB)<\/span><\/strong><\/p>\n<figure id=\"attachment_209948\" aria-describedby=\"caption-attachment-209948\" style=\"width: 2985px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/BNBUSDT_2021-12-30_12-03-32.png\"><img decoding=\"async\" class=\"wp-image-209948 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/BNBUSDT_2021-12-30_12-03-32.png\" alt=\"\" width=\"2985\" height=\"1309\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/BNBUSDT_2021-12-30_12-03-32.png 2985w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/BNBUSDT_2021-12-30_12-03-32-300x132.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/BNBUSDT_2021-12-30_12-03-32-1024x449.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/BNBUSDT_2021-12-30_12-03-32-768x337.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/BNBUSDT_2021-12-30_12-03-32-1536x674.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/BNBUSDT_2021-12-30_12-03-32-2048x898.png 2048w\" sizes=\"(max-width: 2985px) 100vw, 2985px\" \/><\/a><figcaption id=\"caption-attachment-209948\" class=\"wp-caption-text\">Source: TradingView, BNB\/USDT<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">After a bearish flag (yellow) breakdown, the price action found support at the $512-level for nine weeks now. Thus, BNB saw a 12.55% recovery (since 20 December low) in an ascending channel (green) until it poked its two-week high on 27 December.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For the past three weeks, the $560-mark acted as a resilient testing level for the bulls. Coupling that along with the broader sell-off propelled a 9.94% retracement over the past three days.\u00a0 \u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">At press time, BNB traded below its 20-50-200 SMA at $515.8. The <\/span><strong><span data-preserver-spaces=\"true\">RSI<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0stood at the 32-mark but visibly flashed revival signs. The\u00a0<\/span><strong><span data-preserver-spaces=\"true\">MACD\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">lines and histogram confirmed the bearish vigor. But a light red bar at the end gave some hope for a possible recovery. Now, the alt almost seemed to be rangebound between the $569 and $512-level as the bulls strived to test the $532 hurdle.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">VeChain (VET)<\/span><\/strong><\/p>\n<figure id=\"attachment_209949\" aria-describedby=\"caption-attachment-209949\" style=\"width: 2985px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/VETUSDT_2021-12-30_12-28-21.png\"><img decoding=\"async\" class=\"wp-image-209949 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/VETUSDT_2021-12-30_12-28-21.png\" alt=\"\" width=\"2985\" height=\"1150\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/VETUSDT_2021-12-30_12-28-21.png 2985w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/VETUSDT_2021-12-30_12-28-21-300x116.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/VETUSDT_2021-12-30_12-28-21-1024x395.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/VETUSDT_2021-12-30_12-28-21-768x296.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/VETUSDT_2021-12-30_12-28-21-1536x592.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/VETUSDT_2021-12-30_12-28-21-2048x789.png 2048w\" sizes=\"(max-width: 2985px) 100vw, 2985px\" \/><\/a><figcaption id=\"caption-attachment-209949\" class=\"wp-caption-text\">Source: TradingView, VET\/USDT<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Over the past ten days,<\/span><strong><span data-preserver-spaces=\"true\">\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">VET finally snapped off its long-term bearish trend resistance (since 9 November, white) while ensuring the five-month support at $0.076-mark.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This retrieval attempt market a rising wedge (green, reversal pattern) on its 4-hour chart. However, the price action found $0.100-mark as resistance since the beginning of this month.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As a result, it saw a 20.37% breakdown from 27 to 30 December. Over the past few hours, the VET saw a strong reversal from the $0.08157-mark.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">At press time, the alt traded at $0.08374. The <\/span><strong><span data-preserver-spaces=\"true\">RSI<\/span><\/strong><span data-preserver-spaces=\"true\"> saw a pullback from the oversold region while showing some retrieval signs.\u00a0<\/span><span data-preserver-spaces=\"true\">The\u00a0<\/span><strong><span data-preserver-spaces=\"true\">EMA ribbons<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0seemed to make a bearish flip yet again while the immediate resistance could be near the 20 EMA (dark yellow).<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Ethereum Classic (ETC)<\/span><\/strong><\/p>\n<figure id=\"attachment_209950\" aria-describedby=\"caption-attachment-209950\" style=\"width: 2985px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/ETCUSDT_2021-12-30_13-32-12.png\"><img decoding=\"async\" class=\"wp-image-209950 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/ETCUSDT_2021-12-30_13-32-12.png\" alt=\"\" width=\"2985\" height=\"1309\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/ETCUSDT_2021-12-30_13-32-12.png 2985w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/ETCUSDT_2021-12-30_13-32-12-300x132.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/ETCUSDT_2021-12-30_13-32-12-1024x449.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/ETCUSDT_2021-12-30_13-32-12-768x337.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/ETCUSDT_2021-12-30_13-32-12-1536x674.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/ETCUSDT_2021-12-30_13-32-12-2048x898.png 2048w\" sizes=\"(max-width: 2985px) 100vw, 2985px\" \/><\/a><figcaption id=\"caption-attachment-209950\" class=\"wp-caption-text\">Source: TradingView, ETC\/USDT<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">After being on an aggressive downturn, ETC finally seemed to find a range between $33.38 and $38.65 for the last three weeks.\u00a0<\/span><span data-preserver-spaces=\"true\">The 61.8% golden Fibonacci level stood strong while the bulls retested the upper channel (yellow) thrice before breaking out as the price swayed above the midline (dashed, white).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Over the past few days, it witnessed a rising wedge (green) breakdown from the $38-level and plummeted below its 20-50-200 SMA. Now, the bulls may find a retesting level at the 20-SMA (red) at the $36-mark.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">At press time, ETC traded at $34.38. The <\/span><strong><span data-preserver-spaces=\"true\">RSI\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">was in a downtrend and poked its one-month low on 30 December. However, it needed to cross the 36-mark to confirm a strong comeback. Further, the <\/span><strong><span data-preserver-spaces=\"true\">DMI\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">suggested a bearish preference without discarding a bullish revival possibility.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The broader market still struggled to initiate a swift bullish rally. Consequently, altcoins like Binance Coin, Vechain, and Ethereum Classic stayed below their 20-50-200 SMA. Now, the RSI of all these cryptos attempted a retrieval from the oversold region.\u00a0 Binance Coin (BNB) After a bearish flag (yellow) breakdown, the price action found support at the<a href=\"https:\/\/ambcrypto.com\/binance-coin-vechain-ethereum-classic-price-analysis-30-december\/\">Continue reading <span class=\"sr-only\">&#8220;Binance Coin, VeChain, Ethereum Classic Price Analysis: 30 December&#8221;<\/span><\/a><\/p>\n","protected":false},"author":55,"featured_media":209951,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,18,66,3,4,20],"tags":[],"class_list":["post-209937","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-hide-cryptopanic","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Binance Coin, VeChain, Ethereum Classic Price Analysis: 30 December - AMBCrypto<\/title>\n<meta name=\"description\" content=\"While the market still struggled to initiate a swift bullish rally, altcoins like Binance Coin, Vechain and Ethereum Classic stayed below the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ambcrypto.com\/binance-coin-vechain-ethereum-classic-price-analysis-30-december\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Binance Coin, VeChain, Ethereum Classic Price Analysis: 30 December - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"The broader market still struggled to initiate a swift bullish rally. 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