BusinessAugust 26, 2026

retracement

ri-TRAYS-ment

Definition

A temporary reversal or short-term decline in the price of an asset that has been trending upward.

Etymology

Derived from the French 'retracer,' meaning to trace back or redraw. It entered English in the 17th century to describe the act of going back over a path or reversing course.

In the news

In the article, the term describes a predicted brief price dip for BNB after reaching resistance levels, serving as a signal for traders to anticipate a temporary pullback before potential growth.

BNB Chain: Era Hackathon Opens AI Agent Marketplace

Read the full article ↗

blockchain.news

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