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Binance Coin price falls by over 8.5%

Binance Coin price falls by over

The Binance Coin price line turned bearish on the 10th of April. The chart shows a decline of more than 8.5% in the cryptocurrency’s price, while the coin fell from the $15 mark to the $13.7 mark.

1-Day Binance Coin Price Analysis (10th April)

Binance Coin Price Chart

Binance Coin Price Chart by TradingView

The cryptocurrency was at the $15.00 level after the day started, while BNBUSD turned bearish after 03:00 GMT and the price line began to fall towards the $14.00 mark. By 07:00 GMT, the pair had reached the $14.00 level, where it traded for most of the day. Closer to the end of the day, the price line saw further decline towards the $13.70 mark, and it closed the day with a price of $13.7655248 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) closed the day at $13.7419121, while the 50-Day Moving Average (MA) closed below the 20EMA, at $13.7350891. At the same time, the Relative Strength Index (RSI) was observed at 59.96 on the scale for the 10th of April.

Featured Image by Tumisu.

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.

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