Based on technical indicators, Binance Coin's 200-day SMA will rise in the next month and will hit $ 355.63 by Apr 12, 2024. Binance Coin's short-term 50-Day SMA is estimated to hit $ 579.46 by Apr 12, 2024.
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 81.87, which indicates that the BNB market is in a overbought position. The RSI indicator suggests that the price of BNB will increase.
Popular BNB Moving Averages and Oscillators for Thu, Mar 14, 2024
Moving averages are a popular indicator in all financial markets. The purpose of a moving average (MA) is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).
