E Point Perfect
Crypto

Binance Coin (BNB) Price Analysis for November 30


Bulls are maintaining their dominance as the prices of the coins are rising.

Top 10 coins by CoinMarketCap

BNB/USD

Binance Coin (BNB) has not followed the rise of other coins, falling by 0.90%.

BNB/USD chart byTradingView

On the hourly chart, Binance Coin (BNB) has bounced back from the local support level of $295.3; however, it could not keep the rise above the $300 mark.

If buyers cannot close the day above $300, there are low chances of seeing growth tomorrow. Thus, the native exchange coin is looking worse than most of the other cryptocurrencies.

BNB/USD chart byTradingView

Today’s candle has not affected the technical picture of Binance Coin (BNB) as the token keeps accumulating energy for a further move. Further growth is possible if the bar closes above the $310 zone. If that happens, BNB might rise to the resistance at $336.3.

BNB/BTC chart by TradingView

Binance Coin (BNB) has made a false breakout of the mirror level at 0.017499. Until the rate is above it, buyers have a chance to accumulate power and keep the rise going. However, if the candle closes below that mark, the bearish scenario will become relevant again.

BNB is trading at $298.8 at press time.



Source link

Related posts

Bitcoin Fear and Greed Index Finally Drops to 2019 Levels, But This BTC Metric Sets ATH

Shiba Inu’s Binance Pay Users Can Now Earn Cashback and Rewards While Spending SHIB: Details

Cardano & Ripple Lose Their Positions in Market Cap Top: CoinMarketCap

onXRP Partners up with Banxa, XRP Can Now Be Purchased via Bank Card & ApplePay

Here’s Who New Crypto Memeking Is

Shiba Inu Burn Rate Jumps 706% as Holder Number Soars High Overnight