{"id":537430,"date":"2023-06-12T04:22:53","date_gmt":"2023-06-12T04:22:53","guid":{"rendered":"https:\/\/wncen.com\/?p=537430"},"modified":"2024-06-11T14:37:31","modified_gmt":"2024-06-11T14:37:31","slug":"bnb-price-prediction-200","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bnb-price-prediction-200\/","title":{"rendered":"BNB Price Prediction: Is the Downtrend Just Getting Started?"},"content":{"rendered":"
BNB price (Binance coin) is down over 25% and trading below $250 against the US Dollar. The price could drop further toward the $200 support.<\/em><\/p>\n
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Binance coin price is moving lower below the $250 support against the US Dollar.<\/li>\n
The price is now trading below $250 and the 100-day simple moving average.<\/li>\n
There is a key bearish trend line forming with resistance near $280 on the daily chart of the BNB\/USD pair (data source from Binance).<\/li>\n
The pair could accelerate further lower if it breaks the $220 support zone.<\/li>\n<\/ul>\n
BNB Price Continues To Bleed<\/h2>\n
In the past few days, BNB price saw a major decline from well above $280 against the US Dollar. The recent SEC lawsuit against Binance is not helping BNB. It is also putting bearish pressure on Bitcoin<\/a> and Ethereum<\/a>.<\/p>\n