- Binance Coin forwards its recovery and gains 4.39% overnight to go above $16
- It may soon breach $16.55 as its next resistance point
BNB Coin has exhibited strength over the last 24 hours. Like all other its major peers, it has also shown a hike of 4.39% in these hours, and the value has gone from 15.36 USD to 16 USD. The price movement pattern can be divided into three major price fluctuations.
Binance Coin Price Prediction
Binance Coin was being traded at 15.36 USD at the opening of the day, and over the next 9 hours and 35 minutes, it lost 4.74% and got placed at 14.63 USD. It was followed by a 10.88% hike that added 1.59 USD to the value and pushed the BNB price to 16.23 USD, the highest for the day. The last variation happened between 18:34 & 01:57 UTC, and in these 7 hours and 24 minutes, Binance Coin lost 2.62% to touch 15.81 USD.
BNB coin has witnessed a growth in the market cap over the last 24 hours. It was at 2.503 billion USD on November 27, and it has been increased to 2.508 billion USD today.
Binance Coin’s 20-days MA stands at 16.0918335 USD, and its 50-days MA is now at 15.9924104 USD. The current price of BNB coin is 16.0354727 USD that is 0.26% more and 0.35% less than the 50-days and 20-days moving averages, respectively. Although according to Binance coin price prediction, the coin may see the next halt at 16.55 USD in the coming few days.
|Binance Coin (BNB)||Resistance and Support Levels|