Crypto Price Prediction – BNB Coin Price Technical Analysis

BNB coin priced at $243. From technical analysis perspective, Binance coin BNB price chart today presently experiencing downtrend on the daily timeframe. The price resides below the 50 and 20 weekly EMA indicating bearish sentiment. Crypto price prediction technical analysis on daily timeframe.

To comprehend the existing level of support and resistance for binance coin BNB, we must examine the historical price data. Analyzing BNB coin price daily chart reveals trading range of $242 to $261 over the recent days.

Binance coin BNB crucial support level lies at $234 significantly impacting the cryptocurrency. A dip below this level could potentially lead to further price decline, with the subsequent support level positioned at $219.

BNB token price current resistance level resides at $266. A successful breakthrough beyond this level may initiate bullish trend with the subsequent resistance level set at $286 and $301.

Disclaimer: This technical analysis article is for informational purposes only and does not constitute financial, legal or investment advice. Please do your own research before making any decisions.