Binance Coin Faces the Heat of the Market; Falls to $22

Binance Coin-BNB
  • Binance falls to 22 USD after a 0.90% cut.
  • The next resistance may be there at 23.10 USD.

As the whole market is under pressure, Binance Coin has also been down by 0.90% in the last 24 hours. The coin is now roaming at 22 USD after showing four major price changes in this period.

Binance Coin Price Statistics:

  • Binance Coin is the 7th
    largest coin in the market with an ROI (Return on Investment) of more than 9000%.
  • The total number of coins in circulation stands at 155,536,713 BNB.
  • The market cap as on September 7, at 04:11 UTC stands at 3,450,587,565 USD.
  • The value of each coin stands at 0.00213996 BTC and 22.07 USD.
  • The 24h Volume stands at 220,822,025 USD.

BNB to USD Price Comparison:

BNB Coin Chart by TradingView

At the opening of the day, Binance coin was being traded at 22.3 USD and at 00:30 UTC, it started gaining strength and reached 23.47 USD after a 5.05% hike. This point is the topmost point of the day for the Binance coin. Later in the next 10 and a half hours, the coin went down by 7.46% to reach 21.72 USD. This fall had a break at 17:17 UTC after a 2.30% fall. After this fall, the coin gathered momentum for recovery and gained 3.92% to reach 22.57 USD. Towards the closing for the day, the coin started weakening and lost 1.98% to reach 22.12 USD as far as the latest data is concerned.

Binance Coin Price Prediction:

Binance coin caters in the top 10 list of crypto coins and the coin has still huge potential to perform. However, as per BNB crypto price prediction, the next few days may not see any significant improvement in the value against USD. The details of the next resistance and support levels are listed below.

Binance Coin (BNB)
1st Resistance 23.10666667 USD
2nd Resistance 24.06333333 USD
3rd Resistance 24.70666667 USD
1st Support Level 21.50666667 USD
2nd Support Level 20.86333333 USD
3rd Support Level 19.90666667 USD

 

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.