#Binance coin price drop professional

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.

#Binance coin price drop professional

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. It is important to note, however, that past performance does not guarantee future results and that cryptocurrency prices are notoriously volatile, making accurate predictions difficult.Disclaimer: This is not investment advice. Analyzing monthly performance data, can help to identify patterns, market cycles, and potential opportunities for buying or selling an asset. We also use this data for Binance Coin price prediction. Monthly performance data shows the change in price of a cryptocurrency month over month. *Difference between month open and close price in percent Going even further, considering all previous highs and lower time frame prognoses, the prediction for 2040 is $8,000.īinance Coin price prediction for the next year 2024 is $423.28. Last time BNB needed 523 days to reach a new all time high.Īccording to our Binance Coin price prediction, the price of BNB can hit $247.66 in the next 10 days, what's about the long-term forecast price for 2025 will be $1,571, and the prediction for 2030 is $2,767. The last bull run was in May 2021 since then 862 days have passed. There were three bull runs that Binance Coin had, first ATH was in January 2018, and Binance Coin reached $24.91 soon after 337 days later price dropped to its lowest point at $4.61 before the next bull run, since January 2018 approx 1 year was needed to reach a new all-time high. Check monthly performance for more details.

The worst month is September, five times out of 7, the price at the end of September was lower than starting price. The best month for Binance Coin has been March for the last seven years, five times the price of BNB at the end of March was higher than the price at the start of the month. Historically the price of BNB last day of September was above the open price two times out of 7, and 5 out of 7 the price was lower than the price at the start of the month. Binance Coin price sits above the 10, 20 EMAs, but it's below long-term 50, 100, and 200-day EMAs. On the daily chart, exponential moving averages show a bearish signal. Similarly, the weekly chart's relative strength index (RSI) is at 48.64, also indicating natural conditions in the market. The 14-day relative strength index (RSI) is currently at 54.16, indicating Natural conditions in the market without being oversold or overbought.

On the other hand, if it will be able to close above the $221.01 level, it can go up to the next resistance level at $260.12. So if the price falls below $199.22, we may see the price go even lower. The first major uptrend resistance for BNB is at the $221.01 level, it needs to close above that level to continue to move higher, and bottom support sits at $199.22. The maximum price ever recorded in our base for one BNB is $663.35, it was 2 Years and 4 Months ago, currently price is down by -67.33% from that high.įrom a total of 17 technical indicators, 5 calls to buy, and 8 to sell, the prediction sentiment short-term is bearish based on technical price analysis. It's down by -0.36% in the last 24 hours.51.01% of days, the price of BNB closed above the opening. The latest price for one Binance Coin/BNB coin is $216.70.