fbpx
Price Analysis

Binance Coin Price Analysis: Binance Coin (BNB) Keeps Tumbling Down Below $30 Now Trading At $26

  • BNB coin records 5% downtrend in the last one day slipping to $26

This has been a year of Binance Coin which has given its traders a massive profit in the first half of the year. It may not be a good month for the coin till now, but it seems that the Binance Coin is only trading downwards to gain momentum and surge up with full force.

Current Statistics of Binance Coin:

  • Binance Coin price is trading now $26.3797 and 0.00269317 BTC
  • The Market Cap of the BNB coin has reached $4,193,650,073
  • The 24-hour volume is now $199,801,739
  • ROI of the coin stands at >9000%
  • Circulating Supply has reached 155,536,713 BNB

BNB to USD Price Comparison:

BNB Price Prediction
BNB Price Chart by TradingView

As on August 22, 2019, at 01:49:06 UTC, the BNB coin price is noted to be $26.3797, and it has recorded a downtrend of over 5% in the last one-day slumping from $28.0497409 to its current value. Binance Coin started yesterday on a good note but then slumped as low as $26.2689320 in the first half of the day. It has not been able to recover from there and is still hovering over the same value. BNB coin started today at $26.9335 and has slipped since then to hit its current value.

Binance Coin Price Prediction & Conclusion:

The lowest recorded price of Binance Coin in the last 7-days was $26.59, and the coin may further go down before rising up again. The ROI of the coin seems to be unaffected by the current slow trends. This is a good time to invest in bulk in the Binance Coin and save for future benefits.

Tags
Show More

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.

Related Articles

Back to top button