Price Analysis

Binance Coin Gets a Flat 0.5% Cut; Resistance May Take Time to Arrive

  • Binance Coin loses 0.5% in the last 24 hours.
  • The next resistance for the coin may be found at 21.48 USD.

Binance Coin has slipped by 0.5% in the last 24 hours and the coin is being traded near 20 USD. It has been through three price variations in this period. The highest point for the day rested at 21 USD.

BNB to USD Price Analysis-

BNB price chart
BNB Price Chart by TradingView

Binance coin had its first fall between 02:00 UTC and 09:58 UTC and this fall cost 0.4594522 USD and placed it at 20.62 USD. The next swing happened between 10:31 UTC and 23:59 UTC and this fall took 0.53 USD away from the value and pushed the price of Binance Coin to 20.28 USD, the lowest point of the day. This fall had a break at 20.56 USD. Later, it could lift its value by 2.52% and reached 20.79 USD by 02:52 UTC.

Binance Coin Price Prediction-

Binance Coin has an excellent track record as far as growth is concerned and this can be seen through its high ROI. As per experts’ predictions, it is likely to have a bullish run in the medium-term. The next resistance for the Binance coin may fall at 21.48 USD.

Binance Coin (BNB)Resistance and Support Levels
1st Resistance$ 20.95333333
2nd Resistance$ 21.30666667
3rd Resistance$ 21.48333333
1st Support Level$ 20.42333333
2nd Support Level$ 20.24666667
3rd Support Level$ 19.89333333

 

Tags

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

Related Articles

Back to top button
Close