Binance Coin is exhibiting extreme volatility in its momentum over the last 24 hours. However, during yesterday’s movement, the price trend was quite stable. The BNB coin breached a 90-day high at $22.48. Today, the opening hours experienced heavy pullback pressure. The following hours exhibited improvement, and at present, the price is at $22.01. The rest of the day might record moderate volatility with overall upside momentum.
Binance Coin Price Prediction
Yesterday, Binance Coin’s price was trading at $20.63, and then, it improved to $21.009 by 03:45 UTC. The upsurge was followed by a slight drop that brought the price to $20.57. Further, the BNB price improved to $22.49 by 9.33% hike. Then, the price dropped to $21.54 by 4.19% fall. There was another improvement marked that brought Binance Coin price to $22.17. Later, the currency dropped again and reached $21.70 then recovered to $22.36. The closing hour brought the price of BNB coin to $21.91 by 1.99%. The day was closed at $22.07 and the intraday movement in Binance Coin reflected 6.96% progression.
Today, BNB coin started trading with a heavy downside movement. The price counters moved from $22.07 to $20.84 by 5.54%. Further, the price recovered and touched $22.14 by 6.22% hike. The MACD chart indicates Binance Coin’s price may trade upwards in the upcoming hours.
According to the expert’s BNB predictions, the current price is quite near to the immediate resistance level at $22.87. It might get breached in the coming hours.
Resistance & Support Levels
R1: $22.87, R2: $23.68 and R3: $24.88
S1: $20.88, S2: $19.66 and S3: $18.85
