BINANCE COIN Price Prediction: Long-term (BNB) Value Forecast – June 9

  • The bears are in the dominance of the long-term outlook of the cryptocurrency.
  • Traders may look to sell at price exhaustion area with bearish candlestick.

BNB/USD Long-term Trend: Bearish

Supply zone: $50.00, $70.00, 90.00
Demand zone: $10.00, $8.00, $6.00

BNBUSD is in a bearish trend in the long-term outlook. The close of the daily candle on 2nd June as a doji nullify the bulls’ journey to the upperline of the channel. Hence the return of the bears with a large bearish candle at $50.00. BNB dropped initially to $29.61 breaking the 10-EMA a support area and later to $28.06 in the demand area on 4th June.

The week saw brief bulls return with the cryptocurrency price up at $32.84 in the supply. This should be seen as a market correction and a confirmation of the bearish continuation.

The new week is starting bearish with price break down at the trendline and a drop in price to $50.00 in the demand area. A close below the line will open the support at 50-EMA for a retest i.e $27.55 with $20,00 in the demand area as the second bears' target.

Live Binance Coin (BNB) Price:

1 BNB/USD =$329.1291 change ~ -2.08%

Coin Market Cap

$50.5 Billion

24 Hour Volume

$852.3 Million

24 Hour VWAP


24 Hour Change



The views and opinions expressed here do not reflect that of and do not constitute financial advice. Always do your own research.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide