Market Cap: $938221808740 24h Vol: $53124370492 Cryptocurrencies: 15172 Markets: 59165
Cryptopolitan 2021-09-09 05:27:42

Binance Coin Price Analysis: BNB/USD spikes to $423, declines to $410

TL;DR Breakdown Today’s Binance Coin price analysis is still trading bearishlyBulls are still struggling to hold the $400 support levelBNB/USD could reverse to $390 Today’s Binance Coin price analysis is still trading bearishly for today after a brief spike yesternight to the $423 mark and a sudden downtrend to the $403 region at the opening of today’s market. The bulls might have gotten exhausted at the close of yesterday’s session, resulting in a 1.25 percent downtrend this morning. Buyers are still struggling to hold the $400 support level, and this could result in another breakdown below this region into the $390 zone.  The overall market has been trading with mixed results over the last 24 hours. Bitcoin has shed 0.954 percent, while Ethereum is up by 1.57 percent. Meanwhile, Solana (SOL) is among the best performers, with a gain of 20 percent after breaking above the $200 region. Binance Coin price movement in the last 24 hours: Binance Coin drops to $410 According to our daily Binance Coin price analysis, BNB/USD traded in a range of $403.38 – $418.34, indicating a high amount of volatility over the last 24 hours. Trading volume has reduced by 35.1 percent and totals $2.94 billion, while the total market capitalization trades around $69.157 billion, ranking the coin at position 4th place overall. BNB/USD 4-hour chart: BNB prepares for a retracement? The 4-hour Binance Coin price analysis chart shows the Binance Coin pr...

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