Binance Coin: A Look Ahead at What's Next for BNB

Binance Coin price analysis 20 Feb 2023

On the 24-hour candlestick chart for Binance Coin price analysis, price can be seen forming almost a horizontal trend since being rejected around the $330 resistance.

Since falling to 42.47 within the oversold range over the preceding 24-48 hours, the 24-hour Relative Strength Index (RSI) has been developing a small uptick. The price of BNB may aim for the $330 resistance over the present trend because the RSI indicates that there is positive market interest in the stock.

Latest Updates !

The latest Tweet by Binance Coin states, 'We recently hosted a #Binance meet-up in El Salvador, the first nation to adopt Bitcoin as legal tender! In addition to networking and fun activities, we gave the Salvadorean community an opportunity to learn all about our products and services'.

If the upgrades of the network manage to push the price action. Then we can expect the Binance coin price prediction according to coinpedia to rally to $340.65 by the end of 2023. In contrast, it may hover around $285.17, if any negative sentiments continue to prevail over the months. That said, the average price might settle at $313.65.