The daily candle
BNB closed the October 8 daily candle at $735.30, down 4.77% on the day, after trading between $716.30 and $776.00. What stands out on the daily chart: below 50-day average.
Moving averages
The close of $735.30 is 5.0% below the 20-day average ($773.78).
The close of $735.30 is 0.3% below the 50-day average ($737.47).
Momentum: RSI and MACD
The 14-day RSI reads 42.5, between 30 and 70, neither extreme. RSI compares the size of recent up days with recent down days on a 0 to 100 scale.
MACD (12, 26, 9) is 9.913 against a signal line of 15.37, so the MACD line is below its signal. MACD measures the gap between a fast and a slow exponential average.
Volume and range
Volume on the day was 1.65 times its 20-day average. Volume counts how much traded; a move on heavy volume involved more of the market than one on light volume.
The Bollinger Bands (20 days, 2 standard deviations) run from $746.33 to $801.23, and the close is below the lower band.
Over the previous 30 days the highest close was $799.00 and the lowest $708.30.
What it costs to hold a position
Anyone holding a BNB perpetual future pays or receives funding every settlement, and the rate differs by exchange. Today's rates across venues are on the BNB funding page.