The Binance Coin price line was observed rising above the $20.25 mark. A trading view analyst profitable_Meduza believes that the cryptocurrency will soon replace EOS after attacking it. According to the cryptoanalyst, the cryptocurrency is set to become more stronger and reliable as we speak. The BNBUSD pair trades between the $19.8801833 — $20.3954324 range for the 04th of March.
1-Day Binance Coin Price Analysis (04th March)
The Binance Coin price line started the day with a trading price set right above the $19.70 mark. The coin saw an uptrend as soon as the day started, which led the price line across the $20.20 mark by 06:00 GMT. The BNBUSD pair saw a bullish momentum which gradually took the price back to the $19.70 mark. The coin saw a day’s low of $19.525 US Dollars. Closer to the end of the day, the pair exhibited a retracement and rose across the $20.20 mark. Currently, the BNBUSD lies at $20.2507365 US Dollars.
Binance Coin: predictive analysis
profitable_Meduza discussed that the coin is become more stable and stronger, and it should go higher than it’s cycle from February 2020, when it rose above the $27 mark.
The cryptoanalyst suggests that the coin will become more stronger than EOS or even Tether. The soon-to-come bulls will be able to take the price across the $30 mark.
Featured Image by Anton Nihtyanov.
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.