bitcoin
Bitcoin (BTC) $ 23,891.40
ethereum
Ethereum (ETH) $ 1,674.51
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 327.69
usd-coin
USD Coin (USDC) $ 1.00
xrp
XRP (XRP) $ 0.414401
binance-usd
Binance USD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.094464
cardano
Cardano (ADA) $ 0.407134
solana
Solana (SOL) $ 25.33
matic-network
Polygon (MATIC) $ 1.24
polkadot
Polkadot (DOT) $ 6.55
tron
TRON (TRX) $ 0.06363
bitcoin
Bitcoin (BTC) $ 23,891.40
ethereum
Ethereum (ETH) $ 1,674.51
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 327.69
usd-coin
USD Coin (USDC) $ 1.00
xrp
XRP (XRP) $ 0.414401
binance-usd
Binance USD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.094464
cardano
Cardano (ADA) $ 0.407134
solana
Solana (SOL) $ 25.33
matic-network
Polygon (MATIC) $ 1.24
polkadot
Polkadot (DOT) $ 6.55
tron
TRON (TRX) $ 0.06363
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HomeCryptoBinance Coin (BNB) Value Evaluation for January 16

Binance Coin (BNB) Value Evaluation for January 16

Bulls are shedding their initiative because the charges of many of the cash are within the pink zone.

BNB/USD

Binance Coin (BNB) couldn’t stand up to bears’ strain, taking place by 1.26% over the past 24 hours.

BNB/USD chart by TradingView

On the hourly chart, the value of Binance Coin (BNB) has damaged the assist at $296 and retains declining. On this case, the extra possible state of affairs is the continuing drop to the $290 zone.

Thus, the promoting quantity is rising, which implies that bears aren’t going to surrender so simply.

BNB/USD chart by TradingView

On the day by day chart, the value of Binance Coin (BNB) has failed to repair above the very important $300 zone. At present, one ought to take note of the day by day closure. If it occurs under yesterday’s low at $291.8, the decline could result in the take a look at of the assist at $287.7.

BNB/BTC chart by TradingView

The state of affairs is extra bearish on the day by day timeframe towards Bitcoin (BTC), as the speed retains lowering after the breakout of the assist at 0.01433. If patrons can not seize the initiative shortly, the downward transfer could proceed to the 0.014 zone.

BNB is buying and selling at $295.8 at press time.

CoinsTeacher

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