Price Analysis

Binance Coin Price Analysis: Binance Coin (BNB) May Cross $36 Again In The Next 2 Days

  • Binance Coin may cross $36 mark to head towards bullish trend soon
  • Binance Coin progressive price trend maintains consistency

Binance Coin is becoming unstoppable and unbeatable day by day, and the currency has been surging once again to cross past $36 this time. The current market performance of the BNB token is progressive and paves the way to a bullish trend. This is the best time for traders to sell BNB for short term gains but those looking for long term dividends, hold on to the currency as it is only going to get better.

BNB Coin Price Statistics:

As on June 19, 2019, at 08:14:34 UTC, BNB token is trading at $35.42, and the coin has recorded an uptrend of over 17% in the last 5 days rising from $30.08 to its current value.

BNB Price Chart - 19 June
BNB to USD Price Chart
  • The BNB price is now $35.42 and 0.00384191 BTC
  • The market cap of the coin is $4,973,861,391
  • The 24 h volume stands at $472,822,142
  • The ROI of the coin has reached >9000%
  • The circulating supply is now 141,175,490 BNB

Binance Coin has been showing a continuous upward surge since the beginning of the year. Looking in the 5-day chart, it is observed that BNB gained 13.17% on 15th June from the price of $30.08 and the first resistance level of the coin was noted at $35 after it crossed $36 price on 13th June. Currently, BNB price is hovering around the said resistance level

Binance Coin Price Prediction:

Binance Coin may soon move past $35 and head towards a bullish trend rising above $36 in the next few weeks. The coin value may double its current value by the end of the year, and BNB may trade around $50. Two years down the line, the price of BNB token can be $500 or more.

Conclusion:

Binance Coin is one of the most profitable currencies in the current times, and long-term investment in the coin is a good option now.

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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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