Binance Coin Forecast: Where BNB/USD Will Go
Judging by the schedule of the cryptocurrency, the token of the cryptocurrency exchange Binance will be difficult to overcome the figure of $280
The cryptocurrency market Binance (BNB) has collapsed from reached highs to the last level of support. It's $244. For a while the market was bearish and the situation seems to be continuing.
Currently, three resistance levels of $315, $325, $335 stand in the way of bull traders. However, it is difficult to push the price above the channel to ensure large growth. The growth target is $300.
Now trading continues in the range of 9 and 21 day moving averages. If the RSI rises above 50, the trade may continue in a sideways direction.
If the price goes down, the Binance (BNB) coin will support the levels of $215, $205, $195. If the 9-day average sliding falls on the chart below the 21-day chart, it will be a signal to reduce the volume of trading.
The article has an informational character, reflects the opinion of the author. Before you make a decision, analyze the market situation.