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Binance Coin Price Analysis: BNB Eyes $14 Following Bitcoin’s Price Increase

bitcoinschannel.com

On the downside, BNB is currently relying on the triangle’s support of $12 (where the price bounced back after yesterday’s drop). Considering the previous recovery from 0.00183 BTC, 0.00189 BTC, and 0.00191 BTC, the price of BNB is likely to increase in the next few days.

An increase above this resistance could allow further buy actions to 0.00213 BTC, indicated red on the price chart. In the opposite direction, there’s mild support for Binance Coin at 0.00191 and 0.00189 BTC in case of a drop; but the major support to watch here is the 0.00183 BTC level, marked orange on the chart.

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Bitcoin BNB
$ 603.4
Bitcoin BTC
$ 64021.62

Timeline of Binance-coin, Bitcoin

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Bitcoin Bitcoin
64019.3000 -0.96%
Ethereum Ethereum
3144.70000 -0.22%
BNB BNB
602.614000 -1.92%
Solana Solana
143.351000 -3.31%
XRP XRP
0.52422000 -0.86%