SOL and BNB Price Prediction for April 29

Category: Crypto News, News

SOL and BNB Price Prediction for April 29

By Editorial team of BIPNs│Published On: May 27, 2024│1.1 min read│Views: 274│0 Comments│

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Buyers could not seize the initiative at the beginning of the week, accoding to CoinMarketCap.

Top coins by CoinMarketCap

SOL/USD

The rate of Solana (SOL) has dropped by 4.14% over the last 24 hours.

Image by TradingView

On the daily chart, the price of SOL keeps falling after yesterday’s bearish closure. If the decline continues and the candle closes near $130, there is a chance to see a test of the support level of $118.10 soon.

SOL is trading at $136.87 at press time.

BNB/USD

Binance Coin (BNB) is less of a loser, falling by 2.38% since yesterday.

Image by TradingView

From the technical point of view, the price of BNB keeps trading sideways, as none of the sides is dominating at the moment.

However, if the rate does not come back above the vital zone of $600 shortly, one can expect a further correction to the $560 area.

BNB is trading at $589.8 at press time.

About the author

Denys Serhiichuk

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.

Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at denys.serhiichuk@u.today.

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Written by : Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.

Category: Crypto News, News