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BNBUSD Binance Coin

572.04
0.870506 (0.15%)
18:30:33 - Realtime Data
Name Symbol Market Market Cap ($) Algorithm
Binance Coin BNBUSD Crypto 90,324,927,051 Not Mineable
  Price Change Price Change % Current Price Bid Price Offer
  0.870506 0.15% 572.04 571.49 572.07
High Price Low Price Open Price Prev. Close 52 Week Range
581.95 567.09 569.00 571.17 210.00 - 683.83
Exchange Last Trade Size Trade Price Currency
BINA 18:30:33 0.043000 572.04 USD
Price x Volume Volume Base Symbol Related Pairs
15,261,495.50 26,646.73 BNB BNBEUR BNBGBP BNBBTC

BNB Price Surges Over 5%, Why Bulls Could Aim For $400 In Feb 2024

16/02/2024 4:24am

NEWSBTC


BNB price is gaining bullish momentum from the $315 support zone. The price could extend its rally above $375 and rise toward the $400 level in the near term. BNB price is showing bullish signs above the $350 pivot level. The price is now trading above $355 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support at $354 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair could gather bullish momentum if there is a close above the $365 resistance zone. BNB Price Regains Strength In the past few days, BNB price started a decent increase and cleared the $335 resistance zone. There was a move above the $350 level to move into a positive zone, like Bitcoin and Ethereum. The price even spiked above $365. A high was formed near $366 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $315 swing low to the $366 high. BNB is now trading above $355 and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support at $354 on the 4-hour chart of the BNB/USD pair. Immediate resistance is near the $365 level. Source: BNBUSD on TradingView.com The next resistance sits near the $375 level. A clear move above the $375 zone could send the price further higher. In the stated case, BNB price could test $388. A close above the $388 resistance might set the pace for a larger increase toward the $400 resistance. Any more gains might call for a test of the $420 level. Dips Supported? If BNB fails to clear the $365 resistance, it could start a downside correction. Initial support on the downside is near the $355 level and the trend line. The next major support is near the $342 level or the 50% Fib retracement level of the upward move from the $315 swing low to the $366 high. The main support sits at $335. If there is a downside break below the $335 support, the price could drop toward the $322 support. Any more losses could initiate a larger decline toward the $315 level. Technical Indicators 4-Hours MACD – The MACD for BNB/USD is gaining pace in the bullish zone. 4-Hours RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $355, $342, and $335. Major Resistance Levels – $365, $375, and $388.

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1 Year Binance Coin Chart

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1 Month Binance Coin Chart

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