The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). No one has a crystal ball, but that was actually the time to stock up on cheap BNB. The price of BNB is currently running below the 50-day simple moving average (SMA) and it shows a Sell signal.Īccording to all technical indicators, the 200-day SMA will drop soon, and the price will hit $297.03 by the end of December. After the corona crash, Binance Coin dropped to 11 euros. for the last 326 days, since December 31, 2023, SMA has shown a BNB Selling signal. The all-time high for Binance Coin occurred on May 10, 2021, at 686.31, and now, the cryptocurrency trades 66.05 lower. In the past week, Binance Coin saw its low point at 224.22, while its high point was at 266.01. According to our forecast, this is not the right time to Sell BNB.Ĭurrently, BNB is trading below the 200 simple moving average. Binance Coin, on the other hand, trades at 232.55 as of June 15, 2023. Currently, all indicators are indicating Bearish zone, and the fear & greed index shows 46.58 extreme fears. Due to this, we can get except a slight recovery in the coming month.īy the end of June, the value of BNB increased by 119.28% and reached near around $523.22. Over the last 30 days, BNB has decreased by -22.19%. See the exact BNB price prediction below you will know how much BNB is worth in the coming months and years. On June 25, 2023, almost all technical analysis indicators signalled bullish signals, while other indicators signalled bearish signals, indicating a general Bearish sentiment among BNB price predictions. Our BNB forecast, it's risky to Sell BNB right now. All technical indicators indicate that the current sentiment is Bearish, while the Fear & Greed Index is reading 46.58, which means extreme fear. According to our current BNB price prediction, the value of BNB will increased by 225.66%, reaching $862.71 by end of 2025.
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