Binance Coin Trades at $698.80 as Futures Open Interest Slips 0.04%

Binance Coin (BNB) was $698.80, up 0.59% over 24 hours, while futures figures showed little change in open interest.

BNB was below its seven-day moving average of $699.40 and its 20-day and 50-day averages of $720.03 and $744.00. It remained above its 200-day average of $657.99. The relative strength index was 42.25, and the moving average convergence divergence reading was -12.4343.

Listed resistance levels were $700.84 and $702.88, while support levels were $695.08 and $691.36.

Futures funding was 0.0027%. Open interest totaled 536,428.80 contracts, valued at $371.4 million, down 0.04% over 24 hours.

At 2 a.m. ET (07:00 UTC), 73.1% of Binance global accounts and 74% of top traders were long. Those Binance account ratios do not represent the entire market. Taker buy volume was 4,952 against sell volume of 5,334, for a buy-sell ratio of 0.9283.