Binance Coin Price Prediction Today: Daily (BNB) Value Forecast – July 3


  • The BNB market fluctuates between the levels of $30 and $40.
  • However, if a coin experience a bullish or bearish breakout then a trader should suspend his range bound trading.

BNB/USD Medium-term Trend: Bullish

  • Resistance Levels: $36, $37¸ $38
  • Support levels: $30, $29, $28

Yesterday, July 2, the price of Binance Coin was in a sideways trend. The 12-day EMA and the 26-day EMA are sloping horizontally. The BNB market fluctuates between the levels of $30 and $40. On June 21, the bulls tested the upper price range and were resisted. The coin is approaching the lower price range and may face resistance at the lower price range. A trader can trade a ranging market.

A trader should initiate a short trade at the upper price level and exit such trade near the lower price range. Similarly, a long trade should be initiated at the lower price range and exit such trade near the upper price range. However, if a coin experience a bullish or bearish breakout then a trader should suspend his range bound trading. Nevertheless, Binance Coin is at the oversold region of the daily stochastic but below the 40% range. This indicates that the price is in the bearish momentum and a sell signal.

BNB/USD Short-term Trend: Ranging

On the 1-hour chart, the BNB price was in a sideways trend. The 12-day EMA and the 26-day EMA are sloping horizontally. Today, the crypto’s price is fluctuating below and above the EMAs.

The crypto’s price is characterized by small body candlesticks like the Doji and the Spinning tops which describe the indecision between the buyers and sellers about the current market price. The daily stochastic is in the overbought region but above the 20% range. This indicates that price is in a bullish momentum and a buy signal.

Live Binance Coin (BNB) Price:

1 BNB/USD =$216.2138 change ~ -11.55%

Coin Market Cap

$33.41 Billion

24 Hour Volume

$1.32 Billion

24 Hour VWAP

$238

24 Hour Change

$-24.96

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com 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