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Binance Coin price rests near the $10 mark

Binance Coin price rests near the mark

On the 17th of March, the Binance Coin price line showed ruffled price movements within a day’s trading range of $9.5415922 — $10.6758579. The Coin returned above the $10.20 near the end of the 24-Hour price analysis after it slipped below the $9.8 mark on the price chart. 

1-Day Binance Coin Price Analysis (17th – 18th March)

Binance Coin Price

Binance Coin Price Chart by TradingView

The cryptocurrency began its day’s trade above the $10.20 mark and it showed falls and rises between the $10.20 and $10.50 levels until after 06:00 GMT on the 18th of March, when the price fell towards the $9.8 mark. The cryptocurrency saw a day’s low of $9.712089 US Dollars in the afternoon after which it immediately rose above the $10.30 mark. The BNBUSD pair gradually saw price recovery towards the $10.30 level. At the time of writing, the Binance Coin / US Dollar trading pair had a value of $10.2396262 US Dollars.

Binance Coin: technical analysis

Binance Coin Featured Price Chart

Binance Coin Featured Price Chart by TradingView

The 50-Day Moving Average (MA) closed after the completion of the 24-Hour chart, at a value $10.2790521. While the 20-Day Exponential Moving Average (EMA) closed below the BNBUSD pair’s price line, at $10.2486362. The Relative Strength Index (RSI) stood at 50.39 at the time of closure.

Featured Image by Christin Hume.

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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