Bitcoin
$ 29,163.00 1.08%
Ethereum
$ 1,794.26 1.99%
Solana
$ 43.17 4.21%
Dogecoin
$ 0.081671 0.24%
ApeCoin
$ 6.20 0.03%
STEPN
$ 1.06 2.42%
Terra Luna Classic
$ 0.000075 34.68%

Binance Coin price consolidates at $19

Binance Coin price consolidates at

The Binance Coin price slowly moves up on the graph for the 29th of February. The cryptocurrency had fallen down to the $18 mark on the 28th of February. The BNBUSD pair trades with a day’s range of $19.1231775 — $19.9425038, while the coin also peaked at $20.31 US Dollars.

1-Day Binance Coin Price Analysis (29th February)

Binance Coin Price Chart

Binance Coin Price Chart by TradingView

The cryptocurrency gradually moved above the $19 mark, from its last resting price below the $18 level. The coin saw a set of ruffled price movements for the first half of the day. At noon, the price line shot up across the $20.20 mark and peaked at the $20.30 mark, after which it stepped down on the price chart and moved towards the $19.40 mark.

The BNBUSD pair still appears to be consolidating near the $19 mark, before it can see itself to any bullish moves. At the time of writing, the BNBUSD pair trades at $19.3559137 US Dollars.

Binance Coin: technical indicators

Binance Coin Featured Price Chart


Binance Coin Featured Price Chart by TradingView

The 20-Day Exponential Moving Average (EMA) has stayed above the 50-Day Moving Average (MA) for most of the day, this is because the cryptocurrency has seen more upward price movements than the downtrends. However, the 50MA was observed closing at the top, with a value of $19.5406822. The 20EMA closed at $19.4114166.

The Relative Strength Index (RSI) moved to a high of 89.37, just before the time when the pair shot up across the $20.20 mark. Currently, the RSI stands at 39.37.

Featured Image by Hendrik Will.

Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan holds no liability towards any investments based on the information provided on this page.

Aroosa Nadeem

Aroosa Nadeem

A media graduate and passionate media person Aroosa has a knack for digital media journalism and outreach. She has contributed content to different digital media publishers in a variety of areas including technology, health and finance.

Related News

Hot Stories

LUNA 2.0 airdrop: What centralized exchanges are currently supporting?
Terra (LUNA) Price Prediction 2022-2030: What Next for Luna?
VeChain Price Prediction 2022-2030: What's the $30K Offer to Terra?
Bitcoin price analysis: BTC rejects downside again, another push from $29,000 next?
Cardano price analysis: ADA gains positive momentum at $0.46

Follow Us

Industry News

Sex workers in the US use Bitcoin and other cryptocurrencies to evade federal laws
Russia research crypto for international transactions
USP plans research into the Metaverse
Community Lead Greg Miles Shares His Impressions of Working Inside the Award-winning Launchpad, UpLift DAO
Ether leads altcoin rout with $520m in liquidations as Bitcoin establishes dominance