• Binance Coin (BNB) embarks price recovery.
  • The coin might revive its momentum soon.

Binance Coin (BNB) was seen suffering on the price chart. The coin tried to battle itself to the top but couldn’t. The recent price drop laid a huge impact on the momentum of the coin. Well, the market started to improve once again. There is a high possibility that in a few days, the coin might attain its momentum back. The coin would once again start the upward movement and touch new highs. To understand the momentum more precisely let’s have a look at the intraday chart of the coin.

Current Statistics of Binance Coin:

  • The coin is trading at $21.24.
  • The ROI (Return on Investment) marked around >9000%.
  • The 24hr volume of the coin is $167,820,128.
  • The market cap is noted as $3,324,043,546.
  • 155,536,713 BNB coins are circulating in the market.

BNB to USD Price Comparison:

The price analysis is done with the help of Trading View chart of 2nd September 2019 at 08:11:06 UTC.

BNB Price Chart by TradingView

Yesterday, the coin opened at $21.1 then escalated to $21.4 from $21.1 by 1.76%, the escalation continued, and the price went up to $21.6 from $21.3 by 1.52%. The BNB price fell after touching $21.6 as the regression was of 1.58% that resulted the price changed from $21.6 to $21.2. Later, the coin again fell and this time the drop was of 1.76% as price slipped from $21.4 to $21. The coin closed at $21.5% with progression of 1.58%. Today, the day started with a slight uptrend with the price change from $21.5 to $21.6, this escalation was of 0.64%. The coin started slipping post the hike. The price has dropped from $21.6 to $21.2 by 2.12%.

Binance Coin Price Prediction and Conclusion:

The coming years might escalate the price of the coin by 4% to 5%. The coin would be recommended to long term traders. The specified period would bring a massive profit to the traders.