![]() ![]() We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Binance Coin is positioned in the market right now. Let’s take a look at what some of the most important technical indicators are signaling. Binance Coin moving averages & oscillators A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. Crypto market is currently experiencing GreedĬurrently, the Fear & Greed index is at 61 (Greed), which signals that investors have a positive outlook on the market. ![]() This results in an overall Bearish sentiment for Binance Coin. With 87% of indicators favoring a negative prediction. Bearish sentiment for Binance CoinĤ indicators are currently signaling a bullish prediction for Binance Coin, while 26 indicators are showing a bearish forecast. The sentiment in the Binance Coin markets is currently Bearish, and the Fear & Greed index is reading Greed. Binance Coin recorded 13 green days in the last 30 days.īinance Coin technical analysis for today - Jul 05, 2023 BNB has been displaying low volatility recently – the 1-month volatility of the coin is at 5.47. The current BNB cycle high is $ 386.87, while the cycle low is at $ 185.52. On this day last year, BNB was trading at $ 228.35.īinance Coin reached its all-time high price on May 10, 2021, when the price of BNB peaked at $ 689.33. The long-term picture for Binance Coin has been positive, as BNB is currently displaying a 4.35% 1-year price change. The medium-term trend for Binance Coin has been bearish, with BNB dropping by -23.47% in the last 3 months. BNB Price Prediction Chartīuy/Sell Binance Coin What has been going on with Binance Coin in the last 30 daysīinance Coin has been displaying a negative trend recently, as the coin lost -20.59% in the last 30-days. This would represent a -19.87% price decrease for BNB in the next 5 days. BNB performed poorly against BTC today and recorded a -1.13% loss against the world’s largest cryptocurrency.Īccording to our Binance Coin price prediction, BNB is expected to reach a price of $ 190.94 by Jul 10, 2023. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -2.57% in the same time period. Binance Coin dropped -20.59% in the last month and is up 4.35% since 1 year agoīNB price is expected to drop by -19.87% in the next 5 days according to our Binance Coin price predictionīinance Coin price today is trading at $ 238.28 after losing -3.01% in the last 24 hours.Binance Coin is currently trading 24.80% above our prediction on Jul 10, 2023.Binance Coin is down -3.01% today against the US Dollar.Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. The information provided is for general purposes only. CNBC's MacKenzie Sigalos contributed to this report.Disclaimer: This is not investment advice. Bloomberg reported in June that the SEC was investigating whether the 2017 token sale amounted to a security offered that should have been registered with regulators. There's a circulating supply of about 160 million BNB out of a total maximum supply of 200 million, according to CoinMarketCap. On its website, the company says people can "use BNB to pay for goods and services, settle transaction fees on Binance Smart Chain, participate in exclusive token sales and more." Areas where BNB can be used, the site says, include payment, travel and entertainment. Like all of the major crypto projects and companies, Binance developed its own currency. A day later, Binance backed out of the deal, stating that FTX's "issues are beyond our control or ability to help." Personal Loans for 670 Credit Score or LowerįTX then faced an immediate surge in withdrawal demands, and Binance stepped in with a non-binding agreement to acquire the company as part of a rescue plan. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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