Based on the current price of BNB coin ($672.21), I'll generate the projections using the same formula we used earlier.
Here are the calculations:
Calculations
1. Calculate the 24-hour price range: Assuming a 10% fluctuation, the range would be:
- Lower bound: $672.21 - (10% of $672.21) = $672.21 - $67.22 = $604.99
- Upper bound: $672.21 + (10% of $672.21) = $672.21 + $67.22 = $739.43
2. Apply the Golden Ratio (1.618) to the price range:
- Lower bound: $604.99 * 1.618 = $979.13
- Upper bound: $739.43 * 1.618 = $1,195.19
3. Use the Fibonacci sequence to identify potential price levels:
- 23.6%: $714.19
- 38.2%: $746.91
- 50%: $779.63
- 61.8%: $812.35
Projections
Based on these calculations, here are the projections:
- Short-term (2-4 hours): $714.19 - $746.91
- Mid-term (6-12 hours): $746.91 - $779.63
- Long-term (24 hours): $812.35 - $850.00
Please keep in mind that these projections are hypothetical and based on mathematical calculations. Cryptocurrency markets can be highly volatile, and actual prices may differ from these projections.#Write2Earn is $BNB