Binance Coin price falls to $25.75

Binance Coin price falls to $25.50 at the end of the 13th of February. The trading view analyst, Coin Skywalker believes that the cryptocurrency has depicted a Bollinger bull signal on the price chart for the 10th of February, due to which the price is expected to have a bullish momentum that may take the coin across the $95.00 mark.

1-Day Binance Coin Price Analysis (13th February)

BNB price news by Trading View
Binance Coin Price Chart by TradingView

The cryptocurrency started the day with a trading price of $26.4397069 US Dollars, after which it rose to a day’s high of $27.2584722 US Dollars by 00:51 GMT. After this, Binance Coin BNB saw a continuous decline and fell to a day’s low of $24.6016469 US Dollars by 11:46 GMT.

The trading pair saw some retracement and recovered its price to reach $26.4242585 US Dollars by 13:52 GMT. The coin remained subject to another bearish momentum until the end of the day. The Binance Coin / US Dollar trading pair closed the day at $25.5008770 US Dollars. At the time or writing, BNB price is back up to the $25.75 but failing to hit the $26.0 mark.

Binance Coin: Predictive Analysis

Skywalker highlighted a Bollinger bull signer in the price chart below and the analyst is of the opinion that this bull signal will cause the cryptocurrency to gain a bullish momentum for the next 5 months. As per the prediction, Binance Coin is expected to cross the $80.00 mark in the first week of July 2020.

Binance Coin Featured Price Chart

Binance Coin Price Chart by TradingView

The predictive analysis shows the next price targets for the cryptocurrency as $47.00 US Dollar for April and $92.00 US Dollars for July.

Featured Image by Paweł Czerwiński.

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.

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