The Binance Coin price line was seen heading towards the $12.40 mark on the chart for the 30th of March. The coin saw a gradual uptrend through the day’s chart and it traded between the $11.20 and $12.60 levels on the price chart.
1-Day Binance Coin Price Analysis (30th March)
The cryptocurrency began the day’s trade below the $11.40 mark and it moved across the $12.20 level by midday on the 30th of March. The BNBUSD pair was as it day’s lowest as soon as it entered the day, while it kept its trade near the $12.20 level until after 20:00 GMT when the coin saw a bullish movement. The price line crept past the $12.40 mark and saw a day’s high of $12.4646539 US Dollars before it returned to the $12.20 mark and closed the day’s trade at $12.1478368 US Dollars.
Binance Coin: technical indicators
The 20-Day Exponential Moving Average (EMA) at the $12.1895787 mark, while the 50-Day Moving Average (MA) closed at $12.2228650.
The Relative Strength Index (RSI) moved across the level 70.00 a number of times on the 30th of March. At its highest, the RSI reached 85.47, which means that the coin was oversold at the instance. At the time of closing, the RSI was at 34.27.
Featured Image by Boonmachai Mingkhwun.
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.