Binance Coin Comes Under Selling Pressure; Hovers Around $15

Binance Coin (BNB) is dealing with the bearish trend. However, the coin booked a heavy profit in yesterday’s chart. The uptrend invited the selling pressure, which is now observed by the entire market. The selling pressure started taking over since yesterday.

BNB was seen dealing at $16.29 high and $15.78 low on yesterday’s chart. The volume counter was seen at $125,165,661.

Binance Coin Price Analysis:

The data feed is taken from Binance on October 02, 2019, at 08:23:36 UTC for price analysis.

Binance Coin Price
Binance Coin Chart By TradingView

Yesterday, Binance Coin (BNB) started dealing at $15.6; the opening hours brought a slight fall by 3.96% and led BNB to $16.30. Further, BNB escalated by 2.22% from $15.8 to $16.1. The price dropped again and the recovery took the price to $16.2 by 2.26%. The price dropped to $15.6 during the final hours of the day by 3.18%. The day closed at $15.8 with an intraday progression of 0.54%. Today, BNB opened with a fall and the price moved from $15.8 to $15.5 by 1.88%.

With $2,458,541,850 market cap, Binance Coin is currently dealing at $15.71. The first two quarters have brought a lot of difference in the market. However, the third quarter was equally disappointing. The last quarter has begun and the traders are eyeing for a high return by the end of the year.

The interested investors of Binance Coin are suggested to go for a long-term investment plan according to BNB Forecast, as it might bring a massive profit.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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