- Binance Coin (BNB) price movement improvement astounds traders
- The closing figures are likely to fetch profit
Binance Coin was seen experiencing a massive amount of pressure in the last couple of days. However, today, the crypto opened with an escalation and is still hanging it along and the same has spiked hope among the traders.
Binance Coin is now dealing with a market cap of $3,013,224,872 and a 24h volume of $376,709,462. Yesterday, BNB Coin marked a high at $20.05 and a low of $18.50.
Binance Coin Price Analysis:
Yesterday, Binance Coin started trading at $19.39 and the price slightly dribbled to $19.19 from $19.55 by 1.84%. The coin escalated to $19.89 immediately after the same, just to plunge back to $19.14 by 3.56%.
The currency escalated to $19.82 at 12:00 UTC and later, dipped back at the trading price of $19.23 by 2.93%. At 19:04 UTC, Binance Coin dribbled to $18.52 by 5.15%. The price improved in the later hours again to $19.07.
The intraday movement of the coin reflected 2.53% regression in the price of BNB coin. Later, the coin escalated to $19.17 by 2.12% at 00:55 UTC, just to drop at $18.92. The coin jumped to $19.41 from $18.92 by 2.64%.
As per the MACD chart, the lines look intertwined at the moment. The overlapped signal and MACD line indicate change in trend.
The current trading price of Binance Coin is $19.42. As per our BNB price forecast, the price is quite near the immediate resistance level and is likely to violate the same soon.
R1: $19.84 R2: $20.72 R3: $21.39
S1: $18.29 S2: $17.62 S3: $16.74