Binance Coin [BNB] Technical Analysis and Price Prediction 2018, 2020
Binance Coin [BNB] is struggling to maintain its upward momentum, however marginal. The cryptocurrency market is experiencing yet another bearish session, though some coins have managed to remain in the green. Binance Coin, however, could see its value dip even more as selling pressures force the crypto to give up its gains.
The altcoin is experiencing some selling, with BNB sliding below a key support level, which can be found at $10.15. At present, the virtual currency is facing resistance at $10.21. However, the crypto has already edged below the $10 mark and will likely struggle to push past the bearish trends.
At the time of writing, the MACD indicated that the coin was trading in bearish territory. The 100 EMA line showed that the crypto was in a downtrend. The digital asset was exhibiting a significant trading range of $9.62-$10.34. As of 2026 GMT, the token saw a margin gain of 0.06 percent against the U.S. dollar and is now trading at $10.01.
The virtual currency, at the time of writing, had inched up 0.18 percent against BTC. Currently, one BNB is equivalent to around 0.0016 BTC.
Binance Coin [BNB] Price Prediction 2018, 2020
- According to Cryptoground, the token is expected to reach $15.6 in one year. The five-year forecast for the coin is set at $37.7.
- Tradingbeasts has predicted that the crypto will hit $20.6 by the end of this year. By 2020, the virtual currency is expected to trade within the $43.4-$63.8 range.
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