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BNB/USD Takes the Day as Price Aims at $360 Level

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The Binance Coin worth prediction exhibits that BNB is at present altering arms at $352.3 as the technical indicator swings to the upside.

Binance Coin Prediction Statistics Data:

  • Binance Coin worth now – $352.3
  • Binance Coin market cap – $56.6 billion
  • Binance Coin circulating provide – 159.9 million
  • Binance Coin complete provide – 159.9 million
  • Binance Coin Coinmarketcap rating – #4

BNB/USD Market

Key Levels:

Resistance ranges: $400, $420, $440

Support ranges: $300, $280, $260

BNB/USD is nonetheless conserving the upward motion as its worth strikes towards the higher boundary of the channel with a acquire of over 0.89%. At the time of writing, the Binance Coin worth stays above the 9-day and 21-day shifting averages and capped to the upside at $352.3.

Binance Coin Price Prediction: Binance Coin (BNB) Could Spike High

The Binance Coin worth retains hovering above the 9-day and 21-day shifting averages however the bullish rally failed to materialize above the $354 stage. Yesterday, the coin failed to clear the hurdles above the channel however immediately, the bulls are again in the market as they maintain the coin above the shifting averages. More so, a break above the channel could provoke a bull run towards the resistance ranges of $400, $420, and $440 respectively.

The each day chart reveals that BNB/USD could have a tendency to transfer larger as the technical indicator stays inside the overbought area. Nevertheless, if the consumers failed to maintain the coin on the upside, it could droop beneath the shifting averages to attain the assist ranges of $300, $280, and $260.

Against Bitcoin, the Binance Coin worth is probably to cross above the higher boundary of the channel in different to attain the nearest resistance at 1700 SAT. Unless this coin crosses above the channel and the worth finally ends up closing above it, there won’t be any purpose to count on a bullish continuation.

BNBBTC – Daily Chart

On the opposite, any motion beneath the nearest assist might refresh lows beneath the 9-day shifting common, and a doable bearish continuation could probably meet the main assist at 1550 and beneath whereas the consumers could push the coin above the channel to hit the resistance at 1800 SAT and above. Meanwhile, the technical indicator Relative Strength Index (14) stays inside the overbought area to enhance the bullish motion.

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Related:

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