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Home News Binance News

Binance Coin price varies near $15.45

Johnson Go by Johnson Go
July 1, 2020
in Binance News
2 min read
Binance Coin price varies near $15.45
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After the price crash on 27th June, the altcoin market followed a brief price bounce just before approaching the charts for 30th June. The Binance Coin price line varied between the $15.35 to $15.45 levels near the time of writing.

1-Day Binance Coin price analysis (30th June)

Binance Coin price chart 1 - 30 June

Binance Coin Price Chart by Trading View

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At the start, the coin traded about the $15.50 level following the price bounce towards across the $15.55 mark on 29th June.

For the day’s lowest, the cryptocurrency fell to $15.25 US Dollars in the afternoon, whereas, at the time of writing, Binance Coin was observed trading at $15.44 US Dollars.

Binance Coin price on technical indicators

Binance Coin price chart 2 - 30 June

Binance Coin price chart by Trading View

The moving averages observed a price bounce for the Binance Coin / US Dollar trading pair just before BNB approached 30th June. While the cryptocurrency market crashed on 27th June, BNB price fell towards the $14.80 mark.

The cryptocurrency saw a price bounce on 28th June, after which it moved above the $15.40 level and traded between the $15.20 to $15.60 levels until the end of 30th June.

The 20-Day Exponential Moving Average (20EMA) closed at $15.437, while the 50-Day Moving Average (50MA) was observed at the $15.430 level mark at the time of closure.

The Relative Strength Index (RSI) dropped to 23.89 in the afternoon, which was when the BNBUSD pair briefly fell below the $15.25 level. At the time, the RSI indicator showed a mildly oversold Binance Coin, whereas, at the time of writing, the technical indicator was at 52.31.

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.

Johnson Go

Johnson Go

Blockchain enthusiast, project management specialist, writer and crypto investor. JG deals mostly with problems and solutions of crypto projects and provides market outlook for investments. He contributes his analytical skills to projects.

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