{"id":178858,"date":"2021-08-23T16:30:07","date_gmt":"2021-08-23T11:00:07","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=178858"},"modified":"2021-08-23T13:21:28","modified_gmt":"2021-08-23T07:51:28","slug":"binance-coin-iota-and-vechain-price-analysis-23-august","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/binance-coin-iota-and-vechain-price-analysis-23-august\/","title":{"rendered":"Binance Coin, IOTA, VeChain Price Analysis: 23 August"},"content":{"rendered":"

Bitcoin shot above $50K for the first time in 3 months, and as the broader crypto market strengthened, altcoins followed suit. Binance Coin registered a 5.7% increase and recorded a multi-month high at $479.14. IOTA toppled over the $1.11 resistance mark after logging a 7.35 gain, while VET prepared to test the $0.139 price ceiling.\u00a0<\/span><\/p>\n

Binance Coin (BNB)<\/b><\/h3>\n
\"Binance<\/a>
BNB\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

Binance Coin appreciated 5.7% over the last 24 hours and was trading for $479.14, marking a multi-month high. It finally toppled over the $460.42 crucial resistance mark, a price point BNB had last touched on 19 May. An uninterrupted uptrend could push Binance Coin<\/a> to test the $517.70 resistance mark next.\u00a0<\/span><\/p>\n

Indicators emanated bullish signals for BNB. Awesome Oscillator<\/strong> registered one green signal bar, implying the possibility of a positive price action. MACD<\/strong> noted a bullish crossover and flashed the onset of green bars on its histogram.\u00a0<\/span><\/p>\n

Bollinger Bands<\/strong> diverged, suggesting that market volatility could see a rise over the next trading sessions. In case of a downward price movement, BNB could land on $433.54 and then at $386.83.\u00a0<\/span><\/p>\n

IOTA <\/b><\/p>\n

\"Binance<\/a>
IOTA\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

IOTA<\/a> was priced at $1.15 after it gained 7.3% since the last day. It broke above the $1.11 resistance mark and eyed the next price ceiling at $1.21 for the second time this month. <\/span><\/p>\n

For IOTA too, technicals pointed towards a positive price action.\u00a0<\/span>Relative Strength Index<\/strong> stood near 60-mark, in the bullish territory, as buying pressure recovered from the neutral zone.<\/span><\/p>\n

Awesome Oscillator<\/strong> displayed green bars that suggested an uptrend in prices. MACD<\/strong>, correspondingly, also noted green bars in its histogram.\u00a0<\/span>In the event of IOTA moving south, the support levels were at $1.11 and $0.96.\u00a0<\/span><\/p>\n

VeChain (VET)<\/b><\/p>\n

\"Binance<\/a>
VET\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

VET rose by 2.9% and was valued at $0.132. It broke over the $0.124, and prepared to retest the $0.139. Buying strength hiked as the Relative Strength Index<\/strong> moved above the half-line into the bullish zone.\u00a0<\/span><\/p>\n

Green signal bars were visible on the Awesome Oscillator<\/strong>, implying that VET could move upwards over the upcoming trading sessions. Chaikin Money Flow<\/strong> also remained within the bullish territory, despite noting a downtick.\u00a0<\/span><\/p>\n

VET<\/a> had hovered around this price level, last on 7 June. In the case of the current price trend declining, VET would first find support at $0.126 and then at $0.109.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin shot above $50K for the first time in 3 months, and as the broader crypto market strengthened, altcoins followed suit. Binance Coin registered a 5.7% increase and recorded a multi-month high at $479.14. IOTA toppled over the $1.11 resistance mark after logging a 7.35 gain, while VET prepared to test the $0.139 price ceiling.\u00a0Continue reading “Binance Coin, IOTA, VeChain Price Analysis: 23 August”<\/span><\/a><\/p>\n","protected":false},"author":45,"featured_media":178863,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,18,66,3,4,20],"tags":[],"class_list":["post-178858","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-hide-cryptopanic","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"\nBinance Coin, IOTA, VeChain Price Analysis: 23 August - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Bitcoin shot above $50K for the first time in 3 months, as the broader crypto market strengthened. 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