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Cryptopolitan 2021-08-27 07:40:01

Binance Coin Price Analysis: BNB/USD bears aiming for $460, already touched daily low of $467

TL;DR Breakdown Binance Coin price analysis is bearish today after a  1.66 percent retracementBinance Coin price analysis suggests it has been trading within a daily range of $467 – 489. Binance Coin Price Analysis: General price Overview Binance Coin price analysis is bearish today after the exchange token underwent a 1.66 percent retracement on the 24-hour chart. The coin was unable to sustain the $480 support and we expect the bears to continue pulling the price below the $479 mark. Therefore attracting lower lows in the upcoming sessions.  Overall, the cryptocurrency market is trading in a neutral zone. With Bitcoin and Ethereum gaining a few percentages on the 24-hour chart and Cardano and Binance Coin losing part of their valuation. The best gainer is Solana with a 21 percent increase from yesterday’s price.  Binance Coin price movement in the last 24 hours: Binance Coin retraces to $475 Our 24-hour Binance Coin price analysis suggests that the exchange token has been trading within a daily range of $467 – 489. Therefore indicating high volatility on the 24-hour chart. On the other hand, the daily Binance coin trading volume decreased by 18 percent. The total market capitalization dropped 0.55 percent by to a total of $80.4 billion. Binance Coin ranks at number $4 overall. BNB/USD 4-hour chart: BNB prepares could hit $460 Our 4-hour Binance Coin price analysis indicates a tug fight between the...

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