CandleFocus Binance Coin (BNB) Price Prediction for November 20
2024-11-20
Author: Content Editor
The price of Binance Coin (BNB) has dropped by 1% in the past day, with the price coming back to the local support of $605.84 on the hourly chart. If nothing changes, there may be a test of the $605 mark by tomorrow. On the bigger time frame, the situation is bearish, and traders should focus on the vital zone of $600. If it breaks out, the correction is likely to continue to the $580-$590 range. In the midterm, there are low chances of any sharp moves, and consolidation around the $600 area is the more likely scenario by the end of the month. At present, BNB is trading at $610.95.
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