Binance Coin Price Analysis: 21 October

[sneakyboi]

Binance Coin Price Analysis: 21 October

Binance Coin broke beneath its uptrend of the past month, although this could be a temporary haven for the asset than a reversal in trend.


Source: BNB/USDT on TradingView

BNB has been in an uptrend (cyan) since early September and reached a local high of $33.38. Using the Fibonacci Retracement tool for this move, alongside some historic support and resistance levels, we can see the regions of interest for the coin.


Learn more about the analysis here.

[kent47400]

And I bought BNB for 30.1 USD then the BNB coin price went down to 24 USD, a bit painful but now BNB coin went back up to 30-31 USD price.
This BNB coin is a coin that is trending for now, so it is certain that if we HodL, the coin will not lose much price when Bitcoin Dumps.

Hopefully in 2021 the BNB coin goes up to 60 USD, so I will get 100% profit.

[masudginanjar]

Now the Binance coin price is around 30 USD and it will probably go up to a price of 40 USD.
Looking forward to something new from development on Binance and it will definitely be in 2021.

This development for Binance allows the price to go up because it is certain that the FOMO for BNB is going up in price.

[Metha Wulandarin]

My estimate for BNB coins in October 2021 will pass 100$ because BNB is included as a stable coin, not shitcoin anymore, which often plays flash up and down and already you are at the highest peak for the beginning of this month at 58$ does not rule out that BNB will continue to go figure 100$