BinaryX (BNXUSD) Looks Nice for Buyers at $1.87 Level

BinaryX (BNXUSD) Price Forecast: March 19

BNXUSD’s price rises today again, remains bullish, and looks friendly for buyers, starting the new day with a remarkable increase as the market seems to extend its gain. The coin price will most likely continue its bullish run, and the price could go higher if the bulls can break up the $1.87 current value; then, we can expect the potential rally to surge to a $2.00 upper resistance level and beyond, indicating strong market approval.

Key Levels:
Resistance Levels: $1.85, $1.86, $1.87
Support Levels: $0.45, $0.44, $0.43

BNX (USD) Long-term Trend: Bullish (Daily Chart)

Today, the BNXUSD price looks nice for buyers as the market grows and shows a promising sign of recovery above the resistance level in its higher time frame.
The coin market appears attractive to buyers at its recent high due to the bulls’ persistent order flow to the $1.54 supply in the last session.

The BinaryX price looks nice or appears favorable for buyers as it surged upward to a resistance level of $1.87 above the EMA-50, indicating an uptrend and a bullish effect on the coin. Thus, more upsides could be conceivable as buyers are seen clustered around the market.

In addition, under the influence of this market level, the price of BNXUSD could rise steadily soon and break up the $1.87 level to reach the $2.00 upper resistance level in the coming days as it looks nice for buyers in the long-term perspective.

BNX (USD) Medium-term Trend: Bullish (4H Chart)

The BNXUSD pair looks nice for buyers as upward pressure still dominates the pair on the medium-term outlook. The coin price is above the moving averages with huge volumes from the bulls. Thus, the recent market structure has favored the bulls.
The coin has been having a series of higher highs from the past session, making it possible for the bulls to retain the strength in its recent high.

Today, the BinaryX pair looks nice for buyers at the $1.87 supply value above the moving averages to resume the 4-hourly chart, encouraging buyers to invest, as possible future gains are certain.

Thus, a possible breakout from the current retracement at the $1.87 neckline could accelerate the buying momentum and push the prices toward the upper resistance area as they experience a remarkable surge.

Additionally, the BNXUSD price might experience a bullish breakout if the bulls add more effort to their tension in the market, as signaled by the daily stochastic pointing up, indicating an uptrend and a bullish trend continuation.

As a result, the next target could be the $2.00 high trend mark soon in the medium-term perspective.

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