Binance Coin price varied near $21.8

Binance Coin price varied near

The Binance Coin price line traded below the $21.9 on the 23rd of August. The cryptocurrency rose past the $22.4 mark on the 24th of August.

1-Day Binance Coin price analysis

Binance Coin price chart 1 - 23 AugustBinance Coin price chart 1 - 23 August

Binance Coin price chart by Trading View

At the beginning of the 23rd of August, the cryptocurrency traded at $22.19. At the day’s lowest, Binance Coin’s price had fallen to a day’s low of $21.56. At the time of writing, BNB was observed trading at $22.47 US Dollars.

Binance Coin technical indicators

Binance Coin price chart 2 - 23 August

Binance Coin price chart by Trading View

The BNB price line rested between the $21.5 and the $22.1 levels. The 20-Day Exponential Moving Average (20EMA) closed at the $21.83 mark, while the 50-Day Moving Average (50MA) was observed at the $21.84 level at the time of closure. At the time of writing, the 20EMA was seen at $22.45 and the 50MA was observed at $22.45.

The Relative Strength Index (RSI) fell to a day’s low of 16.49 at 08:51 GMT. This means that the cryptocurrency was oversold at the time. Near 06:00 GMT, the RSI indicator was observed at 73.73. This means that the cryptocurrency was slightly overbought. At the time of writing, the technical indicator was observed at 57.21.

Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan.com 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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