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)
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.
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.