{"id":459447,"date":"2023-11-23T21:33:52","date_gmt":"2023-11-23T21:33:52","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=459447"},"modified":"2023-12-06T10:04:21","modified_gmt":"2023-12-06T10:04:21","slug":"binance-coin-price-prediction-for-today-november-23-bnb-technical-analysis","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/binance-coin-price-prediction-for-today-november-23-bnb-technical-analysis","title":{"rendered":"Binance Coin Price Prediction for Today, November 23 \u2013 BNB Technical Analysis"},"content":{"rendered":"<p>The Binance Coin price prediction consolidates in a flag formation as the bulls above the upper boundary of the channel.<\/p>\n<h2>Binance Coin Prediction Statistics Data:<\/h2>\n<ul>\n<li>Binance Coin price now &ndash; $262<\/li>\n<li>Binance Coin market cap &ndash; $35.5 billion<\/li>\n<li>Binance Coin circulating supply &ndash; 151.6 million<\/li>\n<li>Binance Coin total supply &ndash; 151.6 million<\/li>\n<li>Binance Coin CoinMarketCap ranking &ndash; #4<\/li>\n<\/ul>\n<h2>BNB\/USD Market<\/h2>\n<p>Key Levels:<\/p>\n<p>Resistance levels: $280, $290, $300<\/p>\n<p>Support levels: $235, $225, $215<\/p>\n<figure id=\"attachment_459450\" aria-describedby=\"caption-attachment-459450\" style=\"width: 1400px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-459450 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/BNBUSD_11112023.png\" alt=\"Binance Coin Price Prediction for Today, November 23 &ndash; BNB Technical Analysis\" width=\"1400\" height=\"744\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/BNBUSD_11112023.png 1400w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/BNBUSD_11112023-300x159.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/BNBUSD_11112023-1024x544.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/BNBUSD_11112023-768x408.png 768w\" sizes=\"(max-width: 1400px) 100vw, 1400px\"><figcaption id=\"caption-attachment-459450\" class=\"wp-caption-text\">BNBUSD &ndash; Daily Chart<\/figcaption><\/figure>\n<p><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-binance-coin\">BNB\/USD<\/a> bulls have taken control of the daily price chart following the current bullish movement within the channel as the price spikes above the upper boundary of the channel. Meanwhile, looking at the chart, the coin is presently following the bullish movement as the trading volume rises.<\/p>\n<h2>Binance Coin Price Prediction: BNB Price Heads to the North<\/h2>\n<p>The <a href=\"https:\/\/insidebitcoins.com\/news\/binance-coin-price-prediction-for-today-december-6-bnb-usd-price-may-slide-below-280-low\">Binance Coin price<\/a> is seen crossing above the upper boundary of the channel to touch the resistance level of $274. Meanwhile, a successful close above the channel could accelerate gains and the price might surge toward the resistance level of $275. However, any more bullish movement could lead the price toward the resistance levels of $280, $290, and $300.<\/p>\n<p>On the other hand, if Binance Coin starts a downside correction, it could find support near the $245 level. The first major support is near the $240 level, where the bulls are likely to take a stand. However, if the price drops near the lower boundary of the channel, a bearish continuation could bring the market to the critical supports at $235, $225, and $215 respectively.<\/p>\n<h2>BNB\/BTC Faces the Downside<\/h2>\n<p>Against Bitcoin, the trend of the <a href=\"https:\/\/partner.bybit.com\/b\/cryptosignalstrading\">Binance Coin<\/a> is still a downtrend in the long-term, trading at 7155 SAT. Meanwhile, the coin at the moment is bearish and the coin may likely hit the support level at 6200 SAT and below if it slides below the 9-day and 21-day moving averages.<\/p>\n<figure id=\"attachment_459449\" aria-describedby=\"caption-attachment-459449\" style=\"width: 1400px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-459449 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/BNBBTC_11112023.png\" alt=\"Binance Coin Price Prediction for Today, November 23 &ndash; BNB Technical Analysis\" width=\"1400\" height=\"744\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/BNBBTC_11112023.png 1400w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/BNBBTC_11112023-300x159.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/BNBBTC_11112023-1024x544.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/BNBBTC_11112023-768x408.png 768w\" sizes=\"(max-width: 1400px) 100vw, 1400px\"><figcaption id=\"caption-attachment-459449\" class=\"wp-caption-text\">BNBBTC &ndash; Daily Chart<\/figcaption><\/figure>\n<p>However, if the bulls maintain and hold the price very well, traders can expect the coin to rise above the upper boundary of the channel. For now, the nearest resistance level for the market could be found at 7800 SAT and above as the 9-day MA moves to cross above the 21-day MA.<\/p>\n<h2>Alternatives to Binance Coin<\/h2>\n<p>According to the daily chart, the Binance Coin has displayed a notable upward trend in recent times, surging beyond the $274 resistance level. Despite currently facing upward pressure, BNB\/USD is poised to potentially surpass and sustain itself above the upper boundary of the channel in the coming days, especially if buyers intensify their efforts. The long-term outlook appears bullish.<\/p>\n<p>In contrast to a well-established coin like Binance Coin, which is currently boasting a market capitalization of $35.5 billion with a 4th rank in the crypto world, <a href=\"https:\/\/insidebitcoins.com\/visit\/bitcoinminetrix\" rel=\"nofollow\">Bitcoin Minetrix<\/a> is still in its early stages, adding to its inherent appeal. This token often carries the potential for rapid and exponential price growth, driven by the crypto community&rsquo;s thirst for innovation. However, the Bitcoin Minetrix token presents a compelling opportunity, having already raised almost $4.3 million during its ongoing presale.<\/p>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">CoinCodex - Our Recommended Crypto Research Platform<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p 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above the upper boundary of the channel. Binance Coin Prediction Statistics Data: <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/coincodex-2\" title=\"CoinCodex\">[&#8230;]<\/a><\/div>","protected":false},"author":1742,"featured_media":459448,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[7748,7613,8060,7992],"class_list":["post-459447","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news","tag-binance-coin","tag-bnb","tag-bnbusd","tag-technical-analysis"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Binance Coin Price Prediction for Today, November 23 \u2013 BNB Technical Analysis<\/title>\n<meta name=\"description\" content=\"The Binance Coin price prediction 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