The Binance Coin price prediction shows that BNB is moving sideways with the short-term outlook getting ready for the upward movement.
Binance Coin Prediction Statistics Data:
Binance Coin price now – $269
Binance Coin market cap – $43.5 billion
Binance Coin circulating supply – 161.3 million
Binance Coin total supply – 161.3 million
Binance Coin Coinmarketcap ranking – #5
Resistance levels: $320, $340, $360
Support levels: $240, $220, $200
BNBUSD – Daily Chart
Your capital is at risk
According to the daily chart, BNB/USD is trying to resume back into the positive side at the time of writing. However, due to lack of enough buying power, bulls could not sustain higher growth above the 9-day moving average. Meanwhile, the technical indicator Relative Strength Index (14) is moving above the 40-level as the signal keeps ranging. Looking back at the recent dip, recovery has been steady slowly but acutely limited under $300.
Binance Coin May Resume Uptrend; Tamadoge Goes Stronger
The Binance Coin price is trading at $269.8 as the immediate downside is protected by the support level of $265. Besides, the range at $300 is a key to the BNB trading while moving towards the lower boundary of the channel could lead to the support levels of $240, $220, and $200. Looking at the daily chart, sideways trading action could dominate the current session, and this may continue in the coming sessions.
However, following the recent price, BNB/USD is currently facing a potential resistance towards the 9-day moving average but a break above this barrier is likely to produce a huge green candle to the upside, which could reach the resistance levels at $320, $340, $360.
Against BTC, the market price is now hovering above the 9-day and 21-day moving averages at 1395 SAT. If the Binance Coin stays above the 9-day and 21-day moving averages, it may likely hit the resistance at 1550 SAT and above.
BNBBTC – Daily Chart
Meanwhile, looking at the daily chart, traders can see that the market price is likely to follow the downward movement as the technical indicator Relative Strength Index (14) moves below the 60-level while the signal line is seen pointing down. More so, should Binance Coin drops below the lower boundary of the channel, it may find support at 1250 SAT and below.
The final days of the Tamadoge (TAMA) presale this weekend were marked by large FOMO buys worth upwards of $80,000 in Ethereum. The Tamadoge token presale hit its target of 19 million USDT on Sunday, a hard cap that Jacob noted on YouTube was higher than the 2014 Ethereum ICO and the 2022 STEPN ICO. The presale ran for just under eight weeks from July 25 to September 18 – making it one of the most successful crypto presales of this year alongside Battle Infinity, which we also reviewed, another play-to-earn crypto token that rose in value by several hundred percent at its IDO. The large whale buys this weekend could indicate that TAMA will also perform well on launch day. Tamadoge was featured on CNBC last week as having high potential with its deflationary tokenomics and similarity to popular video games. The listing price of Tamadoge will be $0.03, and its maximum supply 2 billion tokens.
Tamadoge – Play to Earn Meme Coin
Earn TAMA in Battles With Doge Pets
Capped Supply of 2 Bn, Token Burn
Presale Raised $19 Million in Two Months
Upcoming ICO on LBank, Uniswap