Binance Coin Price Prediction: Will Correction Trend Push BNB Under $200?
Binance Coin (BNB) has experienced a notable setback, retracing from its overhead resistance for the third time in just two months. This downward trajectory has formed a falling wedge pattern, a technical indicator characterized by declining peaks and troughs confined within two converging trend lines. As of the latest data from CoinGecko, BNB is currently trading at $214.94, with a 24-hour decline of 0.9% and a modest seven-day gain of 0.6%. On August 31, the BNB price dipped below the critical $220 local support level, signaling the possibility of further bearish movement. Related....
Related News
BNB price (Binance coin) is attempting a recovery from $202 against the US Dollar. The price could start a strong increase if it clears the $215 resistance level. Binance coin price is slowly moving higher from the $202 zone against the US Dollar. The price is now trading below $230 and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $208 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair might gain bullish momentum above $215 and $216. Binance Coin Price Eyes Fresh Increase In the past few days, BNB....
BNB (Binance coin) price started a fresh rally from the $265 support against the US Dollar. BNB is trading in a positive zone and might soon clear the $350 resistance. Binance coin price gained pace above the $300 and $320 resistance levels against the US Dollar. The price is now trading well above $300 and the 100 simple moving average (4-hours). There are two major bullish trend lines forming with support near $320 and $315 on the 4-hours chart of the BNB/USD pair (data source from Binance). The pair could soon resume its rally unless there is a move below the $300 support zone. Binance....
BNB price (Binance coin) is moving higher from $202 against the US Dollar. The price could rise further toward the $230 resistance or even $235. Binance coin price is slowly moving higher from the $202 zone against the US Dollar. The price is now trading below $225 and the 100 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $224 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair might gain bullish momentum above $224 and $225. Binance Coin Price Eyes More Upsides After a major decline, BNB price found support....
BNB price (Binance coin) is still struggling to clear the $220 resistance against the US Dollar. The price could decline heavily below the $210 and $202 support levels. Binance coin price is slowly moving lower from the $220 resistance against the US Dollar. The price is now trading below $215 and the 100 simple moving average (4 hours). There was a break below a key bullish trend line with support near $214.5 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair might accelerate lower if it breaks the $210 support level. Binance Coin Price Remains At Risk This past....
BNB price (Binance coin) is consolidating below $250 against the US Dollar. The price could start a strong increase if it clears the $245 and $250 resistance levels. Binance coin price is struggling to gain pace above the $250 zone against the US Dollar. The price is now trading below $245 and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $240 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair might gain bullish momentum above $245 and $250. Binance Coin Price Eyes Fresh Increase In the past few....