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Cryptopolitan 2021-08-29 08:01:33

Binance Coin Price Analysis: Binance Coin rejects further downsides below $478

TL;DR Breakdown Today’s Binance Coin price analysis is bullish after a 2.2 percent continuationBNB/USD traded within a daily range of $478– $495.Binance Coin price action has witnessed bullish patterns in the past 4 -weeks.  Today’s Binance Coin price analysis is bullish after a 2.07 percent continuation to the $486 region. Binance Coin bounced from a daily low of $478, thereby defending the bulls from sinking below the $475 minor support. We expect to see more gains in the next 24 hours as buyers sustain the momentum and strongly defend the overhead demand zone.  Binance Coin price movement in the last 24 -hours: Will bulls beat the bears pulling the price to $470 According to our Binance Coin price analysis, BNB/USD traded within a daily range of $478 – $495. Such a medium-length range suggesting moderate volatility across the daily chart. Binance Coin’s trading volume faced a 14.40 percent plummet to a total of $2.28 billion. The total market capitalization stands at $82.7 billion after a 0.13 percent surge in the last 24 hours. Binance Coin ranks at number #4 by market cap. 4-hour Binance Coin Price Analysis: Bulls aim for $500 On the 4-hour Binance Coin price analysis, BNB/USD is trading upwards as bulls attempt to cross into the $490 price zone once again. Bulls have their eyes focused on the $500 psychological barrier and are working against time to build momentum and get there soon. The bulls seem persistent to s...

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