Are you a retail investor looking to invest in BNB? Don’t know whether it is a good investment? No worries. Let’s dive in to analyze BNB price movement. Currently, BNB is trading at $649.20 and entering the critical phase, where the price movement could break either the resistance or support. Hence, investors should closely watch out for the BNB price action in the marketplace.
BNB Price Analysis For the Last 24 Hours
On February 19, the trading day of BNB began with a brief fall and dropped to $637.07. A Death Cross on MACD at 00:35 UTC confirmed this downfall. But, at 01:40 UTC, BNB found support at $637.07, began to move on the upside, and reached $659.66. A Golden Cross on MACD at 02:05 UTC reaffirmed this uptrend. At 07:25 UTC, a Death Cross on MACD signaled a sharp price decline. As expected, at 08:40 UTC, a pin bar, followed by a full-body red candle, signaled a possible downtrend. Likely, BNB’s price began to fall, breached a breakout at 08:55 UTC, and dropped to $648.95.
At 09:20 UTC, BNB found support at $648.95, began to move on the upside, and entered the phase of the trading range. A Golden Cross on MACD at 09:40 UTC reaffirmed this uptrend. With the notable price fluctuation in the trading range, at 13:35 UTC, BNB reached the top price of the day at $664. Conversely, at 13:45, BNB experienced a short downtime and closed at $654.11. On February 20, BNBs early trading session kept fluctuating in the trending range. At 04:20 UTC, a Death Cross on MACD signaled a possible downtrend. Likely, BNB experienced a downtime, broke the support at $648.95, breached a breakout, and dropped to $646.55.
What are the Best Altcoins to Buy Amid BNB Volatility?
Today’s BNB price analysis shows that the BNB price movement is struggling to reclaim its previous high. Hence, investors doubt whether it is the right time to invest in BNB. Therefore, they are searching for high potential crypto projects that offer high financial growth, long-term trading opportunities, and exponential gains. Such exclusive opportunities can be found on the crypto presales. Since many new projects are emerging in the crypto market, finding the right one could be a hard task. Aureal One and DexBoss are the two best crypto presales that stand foremost among the top 10 cryptocurrencies in the global market.
Aureal One (DLUME)
Aureal One is one of the best crypto presales designed to redefine the future of gaming and metaverse in the crypto economy. It is a new-generation blockchain where traders can engage with secure transactions at lightning speed.
Click here to know more about Aureal One
DLUME Presale Price Details
- Current Presale Price: $0.0013
- Expected Listing Price: $0.005
- Total USD raised: $3,243,942.2 / $4,500,000 (323.08% rise)
Zero-Knowledge Rollups Technology
Zero-Knowledge Rollups Technology is a layer 2 scaling solution that offers safe, secure, and thousands of transactions per second instantly with zero gas fees.
Key projects
- Darklume: A decentralized virtual world where users can own, build, interact, and trade digital assets.
- Clash of Tiles: An engaging alpha version game where players can conquer, deploy, or stock cryptocurrencies on the virtual tiles to earn DLUME.
DexBoss (DEBO)
In the decentralized finance world, DexBoss is considered a game-changer. With decentralized security, cross-chain compatibility, and comprehensive features, DexBoss is projecting itself as a ruler of the DeFi world.
DEBO Presale Price Details
- Current Presale Price: $0.011
- Expected Listing Price: $0.0505.
- Total USD Raised: $587,680.2 / $750,000(nearly 78% of its target)
Buyback and Burn Mechanism
DexBoss employs a buyback and burn mechanism where the DEBO tokens will be burnt, the token supply will be reduced, and the coin value will increase over time.
Key Features
- Near real-time order execution
- User-friendly interface for better user engagement
- Trade over 2000 cryptocurrencies
- Advanced trading chart
What’s Next?
Based on the BNB price analysis, the BNB price movement is projected to show a bullish trend. However, the market participants are still hesitant to invest in it. As the next bull run is approaching, they are searching for the high potential crypto in the market to yield high returns. Aureal One and DexBoss are the two best crypto presales that have earned their spot among the top dominants. Invest in and delight in exclusive rewards. Crypto investment involves certain risk factors. Some projects thrive, while many fade out before they mature. Before making any investment decision, be aware of the risks and rewards involved!
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