Binance Coin price rests near the $10 mark

On the 17th of March, the Binance Coin price line showed ruffled price movements within a day’s trading range of $9.5415922 — $10.6758579. The Coin returned above the $10.20 near the end of the 24-Hour price analysis after it slipped below the $9.8 mark on the price chart. 

1-Day Binance Coin Price Analysis (17th – 18th March)

Binance Coin Price

Binance Coin Price Chart by TradingView

The cryptocurrency began its day’s trade above the $10.20 mark and it showed falls and rises between the $10.20 and $10.50 levels until after 06:00 GMT on the 18th of March, when the price fell towards the $9.8 mark. The cryptocurrency saw a day’s low of $9.712089 US Dollars in the afternoon after which it immediately rose above the $10.30 mark. The BNBUSD pair gradually saw price recovery towards the $10.30 level. At the time of writing, the Binance Coin / US Dollar trading pair had a value of $10.2396262 US Dollars.

Binance Coin: technical analysis

Binance Coin Featured Price Chart

Binance Coin Featured Price Chart by TradingView

The 50-Day Moving Average (MA) closed after the completion of the 24-Hour chart, at a value $10.2790521. While the 20-Day Exponential Moving Average (EMA) closed below the BNBUSD pair’s price line, at $10.2486362. The Relative Strength Index (RSI) stood at 50.39 at the time of closure.

Featured Image by Christin Hume.

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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