Binance Coin has had nothing short of a roller-coaster price action over the past 48 hours. Following the US Fed rate decision on Wednesday, the market recorded a sharp rally, peaking at the $413 top.
However, the market took an unexpected dive in the following hours, sponsored by the stock market. The crash recorded yesterday set BNB on course to its lowest point since March 16, as the cryptocurrency tapped the $370 low.
As we head into the weekend, we can anticipate more volatile moves for the fourth-largest cryptocurrency, with a possibility of tapping the $350 low.
Meanwhile, my resistance levels are $380, $400, and $410, and my support levels are $365, $350, and $340.
Total Market Capitalization: $1.65 trillion
Binance Coin Market Capitalization: $61.6 billion
Binance Coin Dominance: 3.73%
Market Rank: #4
However, the market took an unexpected dive in the following hours, sponsored by the stock market. The crash recorded yesterday set BNB on course to its lowest point since March 16, as the cryptocurrency tapped the $370 low.
As we head into the weekend, we can anticipate more volatile moves for the fourth-largest cryptocurrency, with a possibility of tapping the $350 low.
Meanwhile, my resistance levels are $380, $400, and $410, and my support levels are $365, $350, and $340.
Total Market Capitalization: $1.65 trillion
Binance Coin Market Capitalization: $61.6 billion
Binance Coin Dominance: 3.73%
Market Rank: #4