{"id":93207,"date":"2026-04-02T13:26:49","date_gmt":"2026-04-02T13:26:49","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2026\/04\/02\/bnb-slips-below-590-as-trump-threatens-to-strike-iranian-power-plants\/"},"modified":"2026-04-02T13:26:49","modified_gmt":"2026-04-02T13:26:49","slug":"bnb-slips-below-590-as-trump-threatens-to-strike-iranian-power-plants","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2026\/04\/02\/bnb-slips-below-590-as-trump-threatens-to-strike-iranian-power-plants\/","title":{"rendered":"BNB slips below $590 as Trump threatens to strike Iranian power plants"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div xmlns:default=\"http:\/\/www.w3.org\/2000\/svg\" data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/ChatGPT-Image-Apr-2-2026-11_07_09-AM-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/ChatGPT-Image-Apr-2-2026-11_07_09-AM-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/ChatGPT-Image-Apr-2-2026-11_07_09-AM-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/ChatGPT-Image-Apr-2-2026-11_07_09-AM-smartcrop-363x181.png\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/04\/ChatGPT-Image-Apr-2-2026-11_07_09-AM.png\" alt=\"A bearish BNB chart\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<p><span style=\"font-weight: 400;\">Key takeaways<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Binance\u2019s BNB is down 4.5% within the final 24 hours and now trades below $590.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The bearish efficiency comes as President Trump threatens to assault Iran\u2019s power plants.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">BNB (previously Binance Coin) is at present buying and selling below $585 as of Thursday, persevering with its three-week decline.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The correction has deepened following US President Donald Trump\u2019s assertion that the continued US-Iran battle may final till late April, which has dampened investor sentiment in direction of riskier property.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">From a technical standpoint, momentum indicators are signaling a possible for additional draw back in BNB.<\/span><\/p>\n<h2>Trump\u2019s remarks weigh on market sentiment<\/h2>\n<p><span style=\"font-weight: 400;\">Bitcoin, Ether, BNB, and XRP are within the pink after President Trump warned on Wednesday that the US-Iran warfare may lengthen till late April. He additionally threatened to goal Iranian power plants and acknowledged that Iran can be despatched again to the \u201cStone Age\u201d if an settlement just isn&#8217;t reached.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These statements have tempered hopes for de-escalation, additional lowering investor urge for food for riskier property. As a consequence, the US Dollar (USD) and oil costs have strengthened, whereas US equities and different high-risk property have come below stress.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Retail curiosity in BNB has additionally declined in current days. According to <\/span><a href=\"https:\/\/www.coinglass.com\/currencies\/BNB\"><span style=\"font-weight: 400;\">CoinGlass<\/span><\/a><span style=\"font-weight: 400;\">, BNB\u2019s long-to-short ratio reads 0.80 on Thursday, its lowest level in a month.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A ratio below one signifies bearish market sentiment, with merchants betting on an extra decline in BNB\u2019s worth.<\/span><\/p>\n<h2>BNB may dip to February\u2019s low<\/h2>\n<p><span style=\"font-weight: 400;\">The BNB\/USD 4-hour chart is bearish and inefficient as BNB has underperformed in current days.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Currently, BNB is buying and selling nicely below the 50-day, 100-day, and 200-day Exponential Moving Averages, which all pattern greater above the present worth and body a broader bearish backdrop.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index (RSI) on the 4-hour chart reads 42, below the impartial 50, indicating a bearish bias. The Moving Average Convergence Divergence (MACD) can be drifting deeper below the zero, signaling persistent promoting stress quite than a accomplished draw back exhaustion.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-363893\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/04\/BNBUSD_2026-04-02_11-00-03.png\" alt=\"BNB\/USD 4H Chart\" width=\"1793\" height=\"836\"\/><\/p>\n<p><span style=\"font-weight: 400;\">If the bearish pattern persists, BNB will retest the preliminary assist at $570.16 (February\u2019s low). A break below this degree would open the way in which towards decrease day by day lows and deepen the corrective section towards the important thing psychological degree at $500.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if the bulls regain management of the market, they might encounter quick resistance at $697, in step with the descending EMAs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A sustained restoration above this barrier can be wanted to ease the present bearish tone and expose the following resistance at $790.79.<\/span><\/p>\n<p>\u00a0<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/bnb-slips-below-590-as-trump-threatens-to-strike-iranian-power-plants\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaways Binance\u2019s BNB is down 4.5% within the final 24 hours and now trades below $590. The bearish efficiency comes as President Trump threatens to assault Iran\u2019s power plants.\u00a0 BNB (previously Binance Coin) is at present buying and selling below $585 as of Thursday, persevering with its three-week decline.\u00a0 The correction has deepened following [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":93209,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[370,2946,13326,444,2102,3596,4554,5165],"class_list":{"0":"post-93207","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market","8":"tag-bnb","9":"tag-iranian","10":"tag-plants","11":"tag-power","12":"tag-slips","13":"tag-strike","14":"tag-threatens","15":"tag-trump"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/93207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=93207"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/93207\/revisions"}],"predecessor-version":[{"id":93208,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/93207\/revisions\/93208"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/93209"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=93207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=93207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=93207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}