The Binance Coin price chart for the 25th of March shows that the cryptocurrency’s price line moved across the $12.70 level before it retreated to the $12.30 level. The coin traded within a day’s range of $12.0381953 — $12.6568136.
1-Day Binance Coin Price Analysis (25th March)
In the price chart from TradingView above, the cryptocurrency’s price line is shown to have stepped on the date with a trading value of $12.3524990 US Dollar. The coin saw bulls which allowed the price line to move across the $12.70 at 09:00 GMT and reach a day’s high of $12.7735523 US Dollars. The BNBUSD pair returned between the $12.20 and $12.30 trading levels, and it continued trading in the same price range for the rest of the day. At the time of the day’s closure, the cryptocurrency was observed trading at a value of $12.4331243 US Dollars.
Binance Coin: technical indicators
The 20-Day Exponential Moving Average (EMA) closed at the $12.3651798 mark on the 25th of March, while the 50-Day Moving Average (MA) concluded the day’s trade at the $12.3307296 mark.
The Relative Strength Index (RSI) move below level 30 before midday on the 25th of March, showing a mildly oversold condition for the coin as the RSI had hit a low of 23.68 here. At the time of closure, the RSI lies at 60.62.
Featured Image by Lorenzo Cafaro.
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.