![]() The DI lines are also showing signs of a potential bearish crossover. ![]() Meanwhile, the ADX line on the DMI indicator is falling sharply, indicating a loss of momentum in the current trend. The 50-day EMA is trending downwards, adding fuel to the bearish sentiment. This suggests that the market is still uncertain about the coin’s short-term direction. This resistance level has proven to be a tough nut to crack, keeping the coin’s upward momentum in check.Īs of the latest data, BNB is trading at $212, experiencing a minor intraday decline of 0.56%. A falling wedge pattern has emerged on the daily chart, suggesting that a bullish reversal could be in the cards.īNB’s recent rally has been stymied by strong selling pressure around the $219-$220 range. Binance (BNB) Price Prediction October 2023ĭespite a challenging period that saw BNB’s price drop by 41% from April to September 2023, the coin is showing signs of life. Binance has experienced a 49% increase in new users in MENA. ![]() Product Closures: Binance shuts down its Binance Pay to refocus on core projects.īinance’s Growth in Dubai: Binance is expanding in Dubai because the UAE is crypto-friendly. Product Innovation: Binance launched Dual Investment and Range Bound products, expanding user investment options. Department of Justice is preparing a lawsuit against Binance for fraud charges. and its founder, Changpeng Zhao, highlighting increased regulatory scrutiny in 2023. SEC filed 13 charges against Binance Holdings Ltd. Workforce Reduction: Binance cut over 1,000 positions to streamline operations and improve efficiency. CoinPedia’s Binance (BNB) Coin Price Prediction.Our BNB price prediction provides a more in-depth look at the fundamental analysis, technical analysis, upcoming regulatory updates, partnerships, and other factors that could affect the price of BNB.Ĭontinue reading to learn if Binance (BNB) is a good investment at $200. To answer these questions and provide a clear view of the BNB price action, we present our Binance Price Prediction for 2023-2030. Nevertheless, as the market revamps, it raises questions like, “Is Binance safe or not?” or “Will Binance go higher in 2023?” Moreover, the increased buying at $200 fuels a short recovery in Binance that may soon result in the most significant 2023 breakout rally. With a breakout of a key level, the BNB coin price faces opposition at the $220 resistance level. The Binance coin price struggles to find bullish momentum. The month of October gives a bullish turn as the market remains positive for three out of five days. BNB Coin price, with a potential surge, could go as high as $2,081 by the end of 2030.Binance coin price could reach a maximum of $350 by the end of 2023.
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