Binance Coin Price Prediction Today: Daily (BNB) Value Forecast – June 26

  • From this low the bulls made an upward move to a high of $40.
  • Fron the Fibonacci tool, the crypto’s price fell to support of the 0.382 Fib. retracement level.

BNB/USD Medium-term Trend: Bullish

  • Resistance Levels: $36, $37¸ $38
  • Support levels: $34, $33, $32

Yesterday, June 25, the price of BNB was in a bullish trend. The price was retracing after resistance at the $40 price level. In retrospect, Binance coin had been making an upward move since February. On May 9 , at a low of $18 ,the bulls made an upward move to the high of $35 on May 25.

On May 26, the price was resisted and had a downward correction to a low of $30 on June 9. From this low the bulls made an upward move to a high of $40. Fron the Fibonacci tool, the crypto’s price fell to support of the 0.382 Fib. retracement level. From the price action, the crypto’s price retraced to the support of the 26-day EMA. Nevertheless, Binance Coin is at the overbought region of the daily stochastic but below the 60% 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 trending horizontally. Today , the crypto’s price rose to the $38 price level and the bears brought back price below the EMAs . 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 =$17.2930 change ~ 4.39%

Coin Market Cap

$2.69 Billion

24 Hour Volume

$84.58 Million

24 Hour VWAP

$17

24 Hour Change

$0.7586

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

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Azeez Mustapha
Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager - as well as an author.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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