Instrumententafel Angst & Gier Bergbaubecken Geldbörsen Wörterbuch Werben Facebook Twitter Telegram Reddit Youtube
Marktkapitalisierung:
24h Vol:
Kryptowährungen: 11911
Märkte: 92189
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Marktkapitalisierung
24h Vol
11911
Kryptowährungen
53.76%
Bitcoin Aktie
CoinGape 2024-12-02 14:15:58

BNB Price: Analyst’s Step-by-Step Guide to $1,000 Target

BNB Price: Analyst’s Step-by-Step Guide to $1,000 Target

Binance Coin (BNB) has been trading sideways in the last four days. However, as of this writing, it has breached below a key Exponential Moving Average (EMA) on the daily chart. Nonetheless, a look at its key on-chain metrics and an analyst’s take reveals that BNB price could hit cross the $1,000 target. Analyst Forecasts BNB Price To Cross $1,000 In a recent posting on his X page, Popular influencer Rose Premium Signals’ Charts targets a price above $1,000 . According to the analyst, BNB price has broken out of a falling wedge, which could usher in a temporary pullback before triggering a bullish rally to $1,048. As per the analyst’s weekly chart, the coin is likely to correct after rejection at the psychological $660 mark. As its trading volume continues to drop, the onset of a weaker upside traction could open up the pathway to decline sharply to $508 in the medium term. However, if BNB price manages to bounce back to its current levels shortly after, the resulting momentum could take the price to $1,048, with potential pullbacks at $743 and $903. That said, Rose Premium Signals’ analysis would be invalidated if the price went to lows of $436. To get the Binance Coin price target in a falling wedge pattern, we first locate the wedge-like shape on the chart. Secondly, we calculate the height of the wedge, which is the vertical distance between the highest and lowest points on the wedge. Thirdly, we identify the price breakout point on the wedge. Finally, we use the previously identified wedge height to locate our target from the breakout point. However, as analyzed from the current market point of view, the bullish view calls for caution, and is only viable if BNB sustains stable trading volumes. BNB/USDT 1-week chart Meanwhile, on-chain metrics also add credence to the upside. Bullish Long/Short Ratio Favours BNB Upside Long/Short Ratio is a metric used to weigh an asset’s market momentum by comparing the value of open long positions against that of open short positions. To obtain it, we simply divide the value of open long positions by that of open short positions. Generally, a Long/Short Ration value above 1 signals bullishness, while a value below 1 shows that a market is bearish-leaning. As per recent data from Coinanalyze, the value of BNB ’s Long/Short Ratio stood at 3.3 in the 24 hours preceding this writing. That shows investors are upbeat about the coin’s upside, which could add to its propulsion. BNB Long/Short Ratio In conclusion, BNB price is currently at an inflection point following a period of accumulation in the last four days. Also, the break below the $640 mark potentially opens the path to drop to $508 support. However, the substantial upside potential could yield a 40% gain to $1,048. However, collapsing volumes warn that traders need to brace for some setbacks. If interested in trading BNB, its important to have your own targets and stop loss. Monitoring these levels will be help you avoid getting caught in the next market moves with lower leverage. The post BNB Price: Analyst’s Step-by-Step Guide to $1,000 Target appeared first on CoinGape .

Meist gelesene Nachrichten



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Marktkapitalisierung
24h Vol
53.76%
Bitcoin Aktie
603
Heute Nachrichten
Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen