The Binance coin price prediction shows that BNB is likely to cross the upper boundary of the channel when the coin goes up.
Binance Coin Prediction Statistics Data:
- Binance Coin Price Now – $296.5
- Binance Coin market cap – $47.5 billion
- Binance Coin circulating supply – 161.3 million
- Binance Coin total supply – 161.3 million
- Binance Coin Coinmarketcap Ranking – #5
Resistance levels: $370, $390, $410
Support Levels: $220, $200, $180
BNB/USD is currently trading at $296.5 after hitting the daily low of $274.8 and it is likely to climb above the upper boundary of the channel. However, in case the buyers are able to push the price above the $300 resistance level this time, the daily candlestick may close above that level and the price may rally back towards the $350 resistance level. $.
Binance Coin Price Prediction: Binance Coin Prepares for the Rise
According to the daily chart, the Binance Price is approaching the $350 resistance level as the coin prepares to create further gain. The Relative Strength Index (14) technical indicator also moves to cross the overbought region with the signal line pointing up to indicate a buy signal.
Nevertheless, if the buyers were able to push the price above the channel, Binance Coin price could climb to the potential resistance levels of $370, $390 and $410 while breaking below the 9 moving averages. days and 21 days. coin at supports at $220, $200 and $180 respectively.
BNB/BTC market: prices are moving up
Against Bitcoin, Binance coin is following a bullish push, and it may swing high to break through the upper boundary of the channel which could locate the resistance level of 1300 SAT and above. On the other hand, if the market price breaks below the 9-day and 21-day moving averages, it might reach the support level of 1100 SAT and below.
However, the Relative Strength Index (14) technical indicator is currently moving to cross the overbought region as the signal line points north to confirm the bullish move. Additionally, any further bullish moves can create additional gains above the channel.
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