Anaisomari
Thursday, February 9, 2023
Ledger - Crypto Beginners Pack
  • Crypto News
  • Bitcoin
  • Ethereum
  • NFT
  • DeFi
  • Blockchain
  • Metaverse
  • Altcoin
    • Tether
    • Solana
    • Binance Coin
    • Dogecoin
    • Polkadot
    • Terra
    • Cardano
    • Safemoon
    • Avalanche
    • Chainlink
    • Shiba Inu
    • Litecoin
    • Bitcoin Cash
  • Live Rates
  • Shop
No Result
View All Result
  • Crypto News
  • Bitcoin
  • Ethereum
  • NFT
  • DeFi
  • Blockchain
  • Metaverse
  • Altcoin
    • Tether
    • Solana
    • Binance Coin
    • Dogecoin
    • Polkadot
    • Terra
    • Cardano
    • Safemoon
    • Avalanche
    • Chainlink
    • Shiba Inu
    • Litecoin
    • Bitcoin Cash
  • Live Rates
  • Shop
No Result
View All Result
Anaisomari
No Result
View All Result

These technical indicators paint a positive picture for Binance Coin price

June 5, 2022
in Binance Coin
0

  • Binance Coin price remains subdued and the new monthly pivot has its work cut out as support.
  • BNB price’s consolidation slightly favours bulls.
  • Expect to see a pop higher above $336.5 towards $360.

Binance Coin (BNB) price is in consolidation mode, printing lower highs and higher lows for the trading session. To preserve last week’s gains, the new monthly pivot for June at $313.80 will need to step up its game and provide robust support. Expect to see a test and bounce off this pivot and a swing back higher, breaking above $336.50, and afterwards a rally towards the intersection with the green and red trend line at around $360.

BNB price is set to start the new month with at least 15% gains forecast

Binance Coin price has been forming a triple top with price action capped at $324.00. The pattern’s lows are getting higher, however, indicating bears are getting squeezed. Expect to see a breakout soon, certainly if the new monthly pivot at $313.80 can immediately show its strength and provide plenty of support, refraining BNB price from tanking. 

BNB Price is thus set to swing back up and hit $336.50, with, once it breaks above, plenty of areas to rally another few dollars. A target looks set at around $360 where the red descending trend line from the downtrend intersects with the green ascending trend line since the beginning of May. As these two trends converge, expect to see a breakout to the upside as the hot crypto summer gets underway.

BNB/USD daily chart

Since Monday, the dollar has made a bit of a comeback against several currencies, as well as for cryptocurrencies. This dollar strength, when continued, could start weighing again on cryptocurrencies overall and could see a global sell-off again within the crypto asset class. That would mean a leg lower for BNB price, which could see it break below the new monthly pivot and slip towards $290.


 

This news is republished from another source.

Previous Post

This Week on Crypto Twitter: Elon Musk and Dogecoin Co-Creator Jackson Palmer Exchange Words

Next Post

Cardano Founder Strikes Back at Solana Team for Advising Him to Kiss Frogs When Coding

Next Post

Cardano Founder Strikes Back at Solana Team for Advising Him to Kiss Frogs When Coding


Name Price
bitcoin
Bitcoin (BTC)
$22,949.00
ethereum
Ethereum (ETH)
$1,651.83
USDEX
USDEX (USDEX)
$1.08
tether
Tether (USDT)
$1.00
binancecoin
BNB (BNB)
$328.04
usd-coin
USD Coin (USDC)
$1.00
ripple
XRP (XRP)
$0.399248
binance-usd
Binance USD (BUSD)
$1.00
cardano
Cardano (ADA)
$0.394927
dogecoin
Dogecoin (DOGE)
$0.090428


Crypto News

Payments Company Affirm Is Shutting Down Its Crypto Business – CoinDesk

February 8, 2023

Ethereum staking versus Bitcoin: Here's what you need to know – Proactive Investors UK

February 8, 2023

Cryptocurrency prices today: Rates of Bitcoin, Ethereum, Shiba Inu … – NewsBytes

February 8, 2023

Bitcoin

Bitcoin Nears the Vaunted 'Golden Cross' | Video – CoinDesk

February 8, 2023

No Result
View All Result

Pages

  • Latest Crypto News
  • Live Rates
  • Privacy Policy
  • Shop
  • Terms of Service

Tether

This February, Tether and VeChain Cryptos Are Looking To … – Deccan Herald

February 8, 2023

Solana

Brave Collaborates With Solana To Add Support For DApp On Mobile – Bitcoinist

February 8, 2023

Want To Be A Crypto Millionaire? Buy Snowfall Protocol (SNW), Solana (SOL), and PaxGold (PAXG) – Analytics Insight

February 8, 2023

Advertisement

  • Latest Crypto News
  • Shop
  • Privacy Policy
  • Terms of Service

© 2022 Anaisomari.com


No Result
View All Result
  • Crypto News
  • Bitcoin
  • Ethereum
  • NFT
  • DeFi
  • Blockchain
  • Metaverse
  • Altcoin
    • Tether
    • Solana
    • Binance Coin
    • Dogecoin
    • Polkadot
    • Terra
    • Cardano
    • Safemoon
    • Avalanche
    • Chainlink
    • Shiba Inu
    • Litecoin
    • Bitcoin Cash
  • Live Rates
  • Shop

© 2022 Anaisomari.com


  • bitcoinBitcoin(BTC)$22,949.00-1.42%
  • ethereumEthereum(ETH)$1,651.83-1.31%
  • USDEXUSDEX(USDEX)$1.080.27%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$328.04-1.62%
  • usd-coinUSD Coin(USDC)$1.000.00%
  • rippleXRP(XRP)$0.399248-1.25%
  • binance-usdBinance USD(BUSD)$1.000.14%
  • cardanoCardano(ADA)$0.394927-1.12%
  • dogecoinDogecoin(DOGE)$0.090428-2.39%
  • matic-networkPolygon(MATIC)$1.313.55%
  • okbOKB(OKB)$44.61-2.94%
  • solanaSolana(SOL)$23.23-2.66%
  • staked-etherLido Staked Ether(STETH)$1,648.67-1.40%
  • polkadotPolkadot(DOT)$6.76-2.60%
  • shiba-inuShiba Inu(SHIB)$0.000014-4.06%
  • litecoinLitecoin(LTC)$99.29-1.67%
  • avalanche-2Avalanche(AVAX)$20.11-3.59%
  • tronTRON(TRX)$0.0670942.00%
  • uniswapUniswap(UNI)$6.80-2.74%
  • daiDai(DAI)$1.00-0.08%
  • cosmosCosmos Hub(ATOM)$15.111.22%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$22,960.00-1.38%
  • chainlinkChainlink(LINK)$7.13-1.15%
  • ToncoinToncoin(TON)$2.29-3.09%
  • ethereum-classicEthereum Classic(ETC)$22.68-2.69%
  • leo-tokenLEO Token(LEO)$3.370.16%
  • moneroMonero(XMR)$165.92-1.27%
  • bitcoin-cashBitcoin Cash(BCH)$131.59-3.45%
  • AptosAptos(APT)$15.15-5.88%
  • stellarStellar(XLM)$0.091175-1.01%
  • nearNEAR Protocol(NEAR)$2.687.78%
  • apecoinApeCoin(APE)$5.77-3.00%
  • crypto-com-chainCronos(CRO)$0.0843490.55%
  • lido-daoLido DAO(LDO)$2.52-3.20%
  • algorandAlgorand(ALGO)$0.2906444.51%
  • filecoinFilecoin(FIL)$5.45-1.70%
  • quant-networkQuant(QNT)$139.82-2.14%
  • hedera-hashgraphHedera(HBAR)$0.0753710.31%
  • vechainVeChain(VET)$0.025820-0.52%
  • internet-computerInternet Computer(ICP)$5.72-2.28%
  • the-graphThe Graph(GRT)$0.176115-14.84%
  • the-sandboxThe Sandbox(SAND)$0.86-5.38%
  • fantomFantom(FTM)$0.53-8.54%
  • decentralandDecentraland(MANA)$0.77-4.68%
  • axie-infinityAxie Infinity(AXS)$12.022.53%
  • aaveAave(AAVE)$87.09-2.24%
  • eosEOS(EOS)$1.09-2.35%
  • flowFlow(FLOW)$1.15-0.25%
  • elrond-erd-2MultiversX(EGLD)$46.44-1.32%