{"id":504005,"date":"2022-09-28T08:06:30","date_gmt":"2022-09-28T08:06:30","guid":{"rendered":"https:\/\/wncen.com\/?p=504005"},"modified":"2022-09-28T08:08:49","modified_gmt":"2022-09-28T08:08:49","slug":"bnb-price-watch-the-charts-look-good-for-traders","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bnb-price-watch-the-charts-look-good-for-traders\/","title":{"rendered":"BNB Price Watch: The Charts Look Good For Traders \u2013 More Green On The Plate?"},"content":{"rendered":"<p><em><span style=\"font-weight: 400\">BNB price (Binance Coin) has been in the green lane for quite some time and on top of that, it also leads the crypto market scene in terms of market cap. More so, BNB has also registered a weekly gain of 6%.<\/span><\/em><\/p>\n<ul>\n<li><span style=\"font-weight: 400\"> \u00a0 \u00a0 \u00a0 \u00a0 Binance Coin registered a weekly gain of 6%<\/span><\/li>\n<li><span style=\"font-weight: 400\"> \u00a0 \u00a0 \u00a0 \u00a0 BNB development improved investor interest<\/span><\/li>\n<li><span style=\"font-weight: 400\"> \u00a0 \u00a0 \u00a0 \u00a0 BNB shows stunted social metrics<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">BNB is also tagged as one of the top five cryptocurrencies as far as search volume is concerned. While the coin was also to beat other cryptos, BNB has plummeted in price by 1.6% compared to its data on September 25, trading at roughly $275.42.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Evidently, BNB was able to make it to the cut of the top cryptocurrencies that made a bull run when paired with BTC. Binance Coin developments have stirred investor interest which also positively impacted the on-chain metrics of BNB.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/polkadot-what-a-drop-in-this-area-can-mean-for-dot\/\"> Polkadot Price Watch: What A Drop In This Key Area Can Mean For DOT?<\/a><\/div>\n<h2><b>BNB Price Up By Nearly 3%<\/b><\/h2>\n<p><span style=\"font-weight: 400\">According to<\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/bnb\/\" rel=\"nofollow\"> <span style=\"font-weight: 400\">CoinMarketCap<\/span><\/a><span style=\"font-weight: 400\">, BNB price has soared by 2.98% or trading at $275 as of this writing. Total market capitalization is currently at $43.5 billion, data from TradingView show.<\/span><\/p>\n<p><span style=\"font-weight: 400\">BNB\u2019s volume looks stabilized which dampens any possibility of price drops. The MVRV ratio of BNB is said to have increased in comparison to last week\u2019s figures which hints at the probability of an uptrend in the coming days.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On the other hand, some of BNB\u2019s on-chain metrics hint at negative sentiment such as the decrease of unique active wallet addresses which hints at the reduced user activity on the Binance Coin Network. <\/span><\/p>\n<p><span style=\"font-weight: 400\">In addition, BNB\u2019s social volume also dropped which shows a significant decline in investor interest.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Binance Coin\u2019s volatility level has also plunged which is derailing the coin from going further up. BNB\u2019s daily chart is showing a bullish streak with various market indicators validating the potential of an uptrend.<\/span><\/p>\n<h2><b>BNB\u2019s RSI, CMF Show Likelihood Of Uptrend<\/b><\/h2>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-504016 aligncenter\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/c1-4.png?resize=493%2C211\" alt=\"\" width=\"493\" height=\"211\"><\/p>\n<pre style=\"text-align: center\">Chart: <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" rel=\"nofollow\">TradingView.com<\/a><\/pre>\n<p><span style=\"font-weight: 400\">More so, Bollinger Bands show that the Binance Coin price is in an overbought zone thus increasing the potential of a breach. RSI and CMF for Binance Coin have shown the possibility of having an uptick in the coming days. <\/span><\/p>\n<p><span style=\"font-weight: 400\">So far, the MACD stats show that after a rigorous tug of war, the bulls are coming through stronger than ever.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Many crypto experts and analysts are optimistic about the future of BNB. Joseph Raczynski, a technologist, believes in the propensity of BNB to soar. <\/span><\/p>\n<p><span style=\"font-weight: 400\">The futurist is bullish on BNB mainly due to the fact that Binance is getting bigger each day. In general, the crypto market is remarkably optimistic about BNB so much so that the SEC feud cannot hurt its price traction.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/aave-price-action-bearish-pull-forces-aave-to-resist-drop-to-74-level\/\"> Aave Price Action: Bearish Pull Forces AAVE To Resist Drop To $74 Level<\/a><\/div>\n<p><span style=\"font-weight: 400\"> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/jQYfG2UX\/\" width=\"1834\" height=\"875\"><\/span><\/p>\n<pre style=\"text-align: center\">BNB total market cap at $43.5 billion on the daily chart | Source: <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" rel=\"nofollow\">TradingView.com<\/a>\r\n\r\nFeatured image from AAX Academy, Chart: <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" rel=\"nofollow\">TradingView.com<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"<p>BNB price (Binance Coin) has been in the green lane for quite some time and on top of that, it also leads the crypto market scene in terms of market cap. More so, BNB has also registered a weekly gain of 6%. \u00a0 \u00a0 \u00a0 \u00a0 Binance Coin registered a weekly gain of 6% \u00a0 \u00a0 \u00a0 \u00a0 BNB development improved investor interest \u00a0 \u00a0 \u00a0 \u00a0 BNB shows stunted social metrics BNB is also tagged as one of the top five cryptocurrencies as far as search volume is concerned. While the coin was also to beat other cryptos, BNB has plummeted in price by 1.6% compared to its data on September 25, trading at roughly $275.42. Evidently, BNB was able to make it to the cut of the top cryptocurrencies that made a bull run when paired with BTC. Binance Coin developments have stirred investor interest which also positively impacted the on-chain metrics of BNB. Related Reading: Polkadot Price Watch: What A Drop In This Key Area Can Mean For DOT? BNB Price Up By Nearly 3% According to CoinMarketCap, BNB price has soared by 2.98% or trading at $275 as of this writing. Total market capitalization is currently at $43.5 billion, data from TradingView show. BNB\u2019s volume looks stabilized which dampens any possibility of price drops. The MVRV ratio of BNB is said to have increased in comparison to last week\u2019s figures which hints at the probability of an uptrend in the coming days. On the other hand, some of BNB\u2019s on-chain metrics hint at negative sentiment such as the decrease of unique active wallet addresses which hints at the reduced user activity on the Binance Coin Network. In addition, BNB\u2019s social volume also dropped which shows a significant decline in investor interest. Binance Coin\u2019s volatility level has also plunged which is derailing the coin from going further up. BNB\u2019s daily chart is showing a bullish streak with various market indicators validating the potential of an uptrend. BNB\u2019s RSI, CMF Show Likelihood Of Uptrend Chart: TradingView.com More so, Bollinger Bands show that the Binance Coin price is in an overbought zone thus increasing the potential of a breach. RSI and CMF for Binance Coin have shown the possibility of having an uptick in the coming days. So far, the MACD stats show that after a rigorous tug of war, the bulls are coming through stronger than ever. Many crypto experts and analysts are optimistic about the future of BNB. Joseph Raczynski, a technologist, believes in the propensity of BNB to soar. The futurist is bullish on BNB mainly due to the fact that Binance is getting bigger each day. In general, the crypto market is remarkably optimistic about BNB so much so that the SEC feud cannot hurt its price traction. Related Reading: Aave Price Action: Bearish Pull Forces AAVE To Resist Drop To $74 Level BNB total market cap at $43.5 billion on the daily chart | Source: TradingView.com Featured image from AAX Academy, Chart: TradingView.com<\/p>\n","protected":false},"author":557,"featured_media":504014,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83379,3],"tags":[13291,11427,86483,1144,65296,8686],"class_list":["post-504005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-binance-coin","category-news","tag-binance-coin","tag-bnb","tag-bnb-price","tag-btcusd","tag-ethbtc","tag-ethusd"],"acf":[],"yoast_head":"\n<title>BNB Price Watch: The Charts Look Good For Traders \u2013 More Green On The Plate?<\/title>\n<meta name=\"description\" content=\"BNB price (Binance Coin) has been in the green 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"BNB Price Watch: The Charts Look Good For Traders \u2013 More Green On The Plate?","url":"http:\/\/wncen.com\/news\/bnb-price-watch-the-charts-look-good-for-traders\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bnb-price-watch-the-charts-look-good-for-traders\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/bnb-1.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/bnb-1.png?fit=1016%2C558"},"articleSection":"Binance Coin","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["binance coin","bnb","bnb price","btcusd","ethbtc","ethusd"],"dateCreated":"2022-09-28T08:06:30Z","datePublished":"2022-09-28T08:06:30Z","dateModified":"2022-09-28T08:08:49Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"BNB Price Watch: The Charts Look Good For Traders \\u2013 More Green On The Plate?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bnb-price-watch-the-charts-look-good-for-traders\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bnb-price-watch-the-charts-look-good-for-traders\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/bnb-1.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/bnb-1.png?fit=1016%2C558\"},\"articleSection\":\"Binance Coin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"binance coin\",\"bnb\",\"bnb price\",\"btcusd\",\"ethbtc\",\"ethusd\"],\"dateCreated\":\"2022-09-28T08:06:30Z\",\"datePublished\":\"2022-09-28T08:06:30Z\",\"dateModified\":\"2022-09-28T08:08:49Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/bnb-1.png?fit=1016%2C558","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/504005"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=504005"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/504005\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/504014"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=504005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=504005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=504005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}