• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Binance News

Binance Coin price falls to $16.80

Taha Farooqui by Taha Farooqui
May 6, 2020
in Binance News
2 min read
EOS Featured Image
589
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

On the 5th of May, the Binance Coin price line fell towards the $16.80 level after trading above the $17.10 mark until 10:00 GMT. After the bearish momentum came to an end, the cryptocurrency traded above the $16.80 mark until the end of the day.

1-Day Binance Coin price analysis (5th May)

Binance Coin Price Chart

Binance Coin price chart by Trading View

RelatedPosts

Binance coin surges as Nasdaq prepares for Coinbase listing

Binance Coin price prediction: BNB to face rejection at $600 as bulls stumble

Binance Coin price prediction: Binance Coin sets new ATH at $422, prepares to move higher today

Binance Coin and BSC transaction records new ATH

The BNBUSD pair headed across the $17.30 mark and reached a day’s high of $17.3207899 US Dollars within the first quarter of the day’s trade. The cryptocurrency appeared extremely bearish near 10:00 GMT, and it fell towards the $16.70 level.

As per the daily chart above, Binance Coin can be observed trading between the $16.80 and $16.90 levels from 11:00 GMT, until the end of the day. The BNBUSD pair traded at $16.7711889 US Dollars at the time of writing.

Binance Coin: technical indicators

Binance Coin Featured Price Chart

Binance Coin price chart by Trading View

The 20-Day Exponential Moving Average (EMA) and the 50-Day Moving Average (MA) declined after the BNBUSD pair turned bullish near 10:00 GMT.

After the bearish momentum concluded, both of the moving average indicators sketched their paths between the $16.80 and $16.90 levels until the end of the day. The 20EMA closed at $16.7808184, while the 50MA closed at the bottom, at $16.7365308.

The Relative Strength Index (RSI) fell to a low of 17.08 at the time the BNBUSD turned bearish. This shows that the coin was oversold at the instance, while the RSI remained between the 40.00 and 70.00 levels for the rest of the day. At the time of writing, the RSI appeared at 48.47.

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.

Taha Farooqui

Taha Farooqui

Taha specializes in copywriting & translating texts. He aims to cover cryptocurrencies & blockchain in both English and local dialects in the Middle Eastern regions. He has helped write, translate, and localize the material related to cryptocurrencies and blockchain.

Related Posts

Binance coin
Binance News

Binance coin surges as Nasdaq prepares for Coinbase listing

April 12, 2021
Binance Coin price
Binance News

Binance Coin price prediction: BNB to face rejection at $600 as bulls stumble

April 12, 2021
Binance Coin Price Prediction 2021-04-09
Binance News

Binance Coin price prediction: Binance Coin sets new ATH at $422, prepares to move higher today

April 9, 2021
Binance Coin and BSC transaction records new ATH
Binance News

Binance Coin and BSC transaction records new ATH

April 6, 2021
GBTC premium
Binance News

GBTC premium negative for two months in a row

April 5, 2021
Binance Coin Price Prediction 2021-04-03
Binance News

Binance Coin price prediction: Binance Coin reaches $350, preparing to reach $400 next week?

April 3, 2021

Follow Us

  • 51k Fans
  • 8.3k Followers

Latest News

Weekly Crypto Price Analysis 12th Apr: BTC, ETH, BNB, SUSHI, UNI

Weekly Crypto Price Analysis 12th Apr: BTC, ETH, BNB, SUSHI, UNI

April 12, 2021
bitcoin mining

How does Bitcoin Mining Work?

April 12, 2021
Binance coin

Binance coin surges as Nasdaq prepares for Coinbase listing

April 12, 2021
Chainlink Price Prediction 2021-04-12

Chainlink price prediction: Chainlink continues trending higher, preparest to test resistance at $35

April 12, 2021
Binance Coin price

Binance Coin price prediction: BNB to face rejection at $600 as bulls stumble

April 12, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker
Sitemap

Exclusive Partners of

Footer 1

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.