Binance Coin May Tumble Below $15; Drops by More than 0.82% Overnight

  • Binance fails to retain the momentum and makes a loss of 0.82% over the last 24 hours
  • BNB is likely to follow this price trend for the next few days

Binance Coin (BNB) has shown huge price volatility over the last 24 hours. However, the total change in the value rests at a loss percentage of 0.82%. The major three price variations have been in the range between 15.45 USD and 14.96 USD.

Binance Coin Price Analysis:

BNB/USD Price Chart
BNB Price Chart By TradingView

Binance Coin opened the day at 15.157 USD and its first major price shift happened between 03:07 UTC and 11:56 UTC. In these 8 hours and 49 minutes, BNB coin declined by 2.21% and got placed at 15.049 USD. It was followed by a 2.67% hike that added 0.40 USD to touch 15.45 USD. The last variation happened between 18:57 UTC and 00:54 UTC today and over these 5 hours and 57 minutes, BNB price noted a 3.16% fall to reach at 14.96 USD, the lowest of the last 24 hours.

BNB’s market cap on December 3 was 2.381 billion USD and it has shown a huge plunge over the last 24 hours. The current market cap rests at 2.358 billion USD.

Binance Coin Price Prediction:

BNB’s 20 days average is now at 15.0400114 USD and its 50 days average stands at 15.0564904 USD. As per experts and Binance coin prediction, the current value at 15.0318018 USD is 0.16% and 0.05% less than the 50 days average and 20 days average respectively.

Resistance and Support Levels:

Binance Coin (BNB)
1st Resistance 15.55666667 USD
2nd Resistance 15.80333333 USD
3rd Resistance 16.05666667 USD
1st Support Level 15.05666667 USD
2nd Support Level 14.80333333 USD
3rd Support Level 14.55666667 USD

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.

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