Monday, March 13, 2023

Binance Coin Price Analysis: BNB/USD rallied to $497, missing upper target by only 3-points

TL;DR Breakdown Binance Coin price analysis is bullish today BNB/USD has been trading within a range of $486 – 497 Binance Coin price analysis is bullish today after the coin broke out above $480 into the $490 region, coming short of the $500 target by only 3 points. We are therefore expecting Binance Coin to rally upwards and regain some of Thursday�s losses in the next 24 hours.  The general digital currencies market is trading bullishly, with the majority of the coins posting record 24-hour gains. BTC, ETH, and ADA recorded 4.5, 4.8, and 3.7 percent gains overnight.  Binance Coin price movement in the last 24 hours: BNB/USD retests $490 level According to our 24-hour session Binance Coin price analysis, BNB/USD has been trading within a range of $486 – 497. The medium-range suggests a moderate amount of volatility across the 24-hour chart. Binance Coin witnessed a 28 percent drop in its daily trading olume to a total of $2.6 billion. According to Coin Market Cap, the exchange token witnessed a 2 percent surge in market capitalization to a total of $82.09 billion. BNB is ranked number #4 overall by market cap.  BNB/USD 4-hour chart: BNB/USD eyeing $510? According to our 4-hour Binance Coin price analysis chart, BNB/USD has dropped slightly below the $490 mark and has a press time price of $488. The coin could establish a strong base at the $490 mark to support a strong uptrend against the $50...
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