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Tag Archives: Binance Coin (BNB) Price

Binance Coin Price Analysis: BNB Facing $17 Resistance But Shows Weakness Against Bitcoin

Following a quick bounce from $13.6, BNB is now facing a crucial resistance at $17.3.The price is currently in the middle of consolidation, deciding the next major direction.Binance Coin is looking for more gains after dropping below long-term support at 0.0018 BTC level.BNB/USD: BNB Building Up For A Big MoveKey Resistance Levels: $17.3, 18.26, $19.1Key Support Levels: $15, $13.6, $12BNB/USD. Source: TradingViewBinance Coin and some major altcoins have seen a lot of build-ups (consolidation...

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Binance Coin Price Analysis: BNB Completes 12% 7-Day Plunge Against Bitcoin, Where Is The Bottom?

Binance Coin is currently positioned in a downward direction.BNB may regain momentum if buying volume continues to increase again.The price dropped beneath 7-month support following a considerable selling pressure from 0.0023 BTC.BNB/USD: Binance Coin Remains Under CorrectionKey Resistance Levels: $18.7Key Support Levels: $16, $14.9BNB/USD. Source: TradingViewFollowing the latest drops in the entire crypto market, Binance Coin had gained about 1% since yesterday. Recently, BNB has been...

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Opinion: Binance Coin (BNB) Is The Most Undervalued Cryptocurrency, Cz Hints That It Will Change Eventually

2020 has been a tumultuous year for the cryptocurrency market so far. Starting off great in the first couple of months, prices collapsed mid-March, largely because of fears induced by the spread of the novel coronavirus (COVID-19).In any case, there is one digital currency that seems to be particularly overlooked and that’s Binance Coin – the native cryptocurrency of the world’s leading crypto exchange and arguably the most active contributor to the industry, in general.Binance Coin (BNB)...

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Crypto Price Analysis & Overview April 17th: Bitcoin, Ethereum, Ripple, Binance Coin, And Chainlink

Bitcoin Bitcoin saw a small 2.6% price increase from where it was trading seven days ago. However, it had dropped substantially throughout the week. The cryptocurrency fell beneath support at the rising trend line to find additional support at the $6,447 level (short term .618 Fib Retracement). From here, Bitcoin rebounded yesterday to climb back above the $7,000 level where it currently trades. Looking ahead, the first level of resistance lies at $7,200 (bearish .5 Fib Retracement). Above...

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Binance Coin Price Analysis: BNB Surges 5% As Binance Launches Bitcoin Options

Binance Coin surged 5% to reach a current daily high of $15.1 but facing strong resistance around that area.Against Bitcoin, BNB reached 0.0022 BTC after breaking a four-week high todayThe price action is looking bullish on the 4-hours chart, but BNB remained neutral since the wedge breakout against the US DollarBNB/USD: BNB Remains IndecisiveKey Resistance Levels: $15.1, $15.5, $16Key Support Levels: $13.47, $12, $11.2BNB/USD. Source: TradingViewFollowing the latest drop in Bitcoin’s price,...

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Binance Coin Price Analysis: BNB Eyes $14 Following Bitcoin’s Price Increase

A break above the 4-hours triangle pattern would confirm a fresh uptrend for Binance Coin.BNB bulls are waiting to take over the market after pushing relentlessly from three weeks lowBinance Coin is holding tight above two weeks support across its trading pairsBNB/USD: BNB Waiting For Surge As Price ConsolidatesKey Resistance Levels: $13.5, $14.3, $16.6Key Support Levels: $11, $9.7, $8.3BNB/USD. Source: TradingViewSince our previous price analysis, Binance Coin has seen a significant recovery...

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5 Best Cryptocurrencies Besides Bitcoin To Watch Once Coronavirus Crisis Is Over

The novel coronavirus took the world by a storm. Starting in China, the virus has now spread throughout the globe, with thousands of cases being reported in Europe, Asia, and even the US.This brought a catastrophe on the traditional financial and stock markets, as major global indexes crashed in a way that was more vicious and quicker than the recession of 2008.Cryptocurrencies, unfortunately, weren’t left out, and they were no exception. In less than a month, the market lost half of its...

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Binance Coin Price Analysis: BNB Collapses 10% In 24 Hours But Faces Key Demand Levels

BNB is under strong bearish watch across trading pairs, but it may halt at key demand areas.Despite the considerable price dumps, BNB remains the 9th largest cryptocurrency in terms of market cap.If BNB fails to bounce back at immediate support, a big sell action can be expected.BNB/USD: BNB Signaled Mid-Term Bearish After Breaching Crucial Support Key Resistance Levels: $21.5, $23Key Support Levels: $18.3, $17BNB/USD. Source: TradingViewThe last three days caused a lot of panic selling for...

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Crypto Price Analysis & Overview February 21st: Bitcoin, Ethereum, Ripple, Tezos, and Binance Coin

BitcoinBitcoin witnessed a turbulent week after dropping by a total of 5.5% to bring the cryptocurrency back beneath $10,000. During the sell-off, Bitcoin fell beneath the previous rising price channel but has managed to rebound at support at $9,552, provided by a short term .236 Fib Retracement.Looking ahead, if the buyers push higher, resistance lies at $9,800 and $10,000. Above this, strong resistance is expected at $10,430 (2020 high) and $10,700 (1.414 Fib Extension). On the other side,...

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Binance Coin Price Analysis: BNB Gains 6% Despite Latest Bitcoin Pullback

Binance Coin is still trading well above weekly support across trading pairsThe intraday trading looks bullish for BNB despite Bitcoin’s dropBulls continue to show strong commitment against BTC.BNB/USD: BNB Charts 6% Gains As Bullish Sentiment Remains StrongKey Resistance Levels: $26, $30Key Support Levels: $22, $19BNB/USD. Source: TradingViewOver the past few hours, the cryptocurrency market has seen a mild bearish movement due to the 6% drop in Bitcoin’s price. Binance Coin is not much...

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