BNB Prepares For Take Off - Flight tickets now offered on Binance Marketplace
- Binance has partnered with Crypto Air Tickets creating a gateway to buy flight tickets with cryptocurrencies.
- Purchasing flights comes with no additional cryptocurrency fees.
- BNB price is down 10% during October.
BNB Flights
Binance Coin has accomplished an applaudable milestone in the cryptocurrency space. On October 10, the decentralized digital exchange platform announced a partnership with Crypto Air Tickets. The partnership now enables Binance users to purchase flight tickets with crypto directly from the Binance app.
According to Binance, Crypto Air Tickets, a mini app now featured on the decentralized exchange platform, “features over 1,000 airlines and 9,000 destinations to choose from.” It is worth noting that there are no additional cryptocurrency fees when purchasing flights through the Binance app.
BNB Technicals
While the innovative milestone screams bullishness for the BNB token, the technicals at the current time are still suppressed due to the late-night Bitcoin sell-off experienced on Sunday, October 9. Binance is down 10% since the start of the month.
BNB price currently auctions at $269. A cross of the 8-day exponential and 21-day simple moving average is spotted on the daily chart. Binance Coin price could test the support levels at $250 due to the crossing indicators. Such a move would result in a 9% decline from BNB’s current market value.
BNB/USDR 1-Day Chart
In the following video, our analysts deep dive into the price action of Binance Coin, analyzing key levels of interest in the market. -FXStreet Team
Author
Tony M.
FXStreet Contributor
Tony Montpeirous began investing in cryptocurrencies in 2017. His trading style incorporates Elliot Wave, Auction Market Theory, Fibonacci and price action as the cornerstone of his technical analysis.
