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Binance Coin price experiences bulls, reaches over $15.80

Binance Coin price experiences bulls reaches over

The Binance Coin price line climbed up on the chart for the 22nd of April, after the cryptocurrency came across a bullish momentum on the day, which led the price line over the $15.80 level. The cryptocurrency varied between the $14.90 and $15.90 levels on the day, with a trading range of $15.6432864 — $15.7978192.

1-Day Binance Coin Price Analysis (22nd April)

Binance Coin Price Chart

Binance Coin Price Chart by TradingView

The BNBUSD pair approached the day’s chart with a trading value of $15.1596195 US Dollars, after which it exhibited a ruffled trajectory towards the $15.40 level. The cryptocurrency’s price line crept past the $15.40 level before 09:00 GMT on the day.

In the afternoon, the coin saw further incline which was directed across the $15.80 level. This incline rose the price to a day’s high of $15.8341232 US Dollars. Binance Coin traded with a range of $15.60 — $15.70 until the end of the day, where it closed at $15.6888472 US Dollars.

Binance Coin: technical indicators

Binance Coin Featured Price Chart


Binance Coin Featured Price Chart by TradingView

Both of the moving averages jumped across the $15.70 mark right after the BNBUSD pair turned bullish. The 20-Day Exponential Moving Average (EMA) closed at $15.7202291, while the 50-Day Moving Average (MA) closed below the 20EMA, at $15.7114377.

The Relative Strength Index (RSI) was observed reaching a high of 91.96 at 13:20 GMT. Such a high value of the RSI indicates that the cryptocurrency was overbought at that instance. On the 22nd of April, the RSI closed at 40.28.

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.

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.

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