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- Binance Coin forwards its recovery and gains 4.39% overnight to go above $16
- It may soon breach $16.55 as its next resistance point
BNB Coin has exhibited strength over the last 24 hours. Like all other its major peers, it has also shown a hike of 4.39% in these hours, and the value has gone from 15.36 USD to 16 USD. The price movement pattern can be divided into three major price fluctuations.
Binance Coin Price Prediction
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Binance Coin was being traded at 15.36 USD at the opening of the day, and over the next 9 hours and 35 minutes, it lost 4.74% and got placed at 14.63 USD. It was followed by a 10.88% hike that added 1.59 USD to the value and pushed the BNB price to 16.23 USD, the highest for the day. The last variation happened between 18:34 & 01:57 UTC, and in these 7 hours and 24 minutes, Binance Coin lost 2.62% to touch 15.81 USD.
BNB coin has witnessed a growth in the market cap over the last 24 hours. It was at 2.503 billion USD on November 27, and it has been increased to 2.508 billion USD today.
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Binance Coin’s 20-days MA stands at 16.0918335 USD, and its 50-days MA is now at 15.9924104 USD. The current price of BNB coin is 16.0354727 USD that is 0.26% more and 0.35% less than the 50-days and 20-days moving averages, respectively. Although according to Binance coin price prediction, the coin may see the next halt at 16.55 USD in the coming few days.
| Binance Coin (BNB) | Resistance and Support Levels |
| 1st Resistance | $16.55333 |
| 2nd Resistance | $17.00666 |
| 3rd Resistance | $17.81333 |
| 1st Support | $15.29333 |
| 2nd Support | $14.48666 |
| 3rd Support | $14.03333 |
