Price Analysis

Binance Coin Price Analysis: Binance Coin (BNB) Records 0.9% Dip In The Last One Day

  • BNB continues to move sluggishly below $30 but may jump up soon
  • Binance Coin may move up to $28 in the next few days

It has been a slow month for the BNB token as the coin has not been able to cross $30 mark as yet, but it is the perfect time for traders to invest in the coin in bulk amounts. BNB’s current market performance may change in the next one month when the coin starts trading above $30.

BNB Price Statistics:

As on August 23, 2019, at 01:39:12, BNB is trading at $26.92 and moving in the upward direction. The coin has recorded a downtrend of over 0.9% since yesterday dipping from $27.19 to its current value, but it may record better surge over the weekend.

BNB Price Prediction
BNB Price Chart by TradingView
  • The price of the token is noted to be $26.92 and 0.00267371 BTC
  • The market cap of the coin has reached $4,193,483,232
  • The 24 h volume of the coin is $191,681,623
  • The ROI of the coin stands at >9000%
  • The circulating supply has been 155,536,713 BNB

The highest recorded value of BNB was $29.06 in the last 7 days, and it was $27.45 yesterday. The coin may cross $28 by the end of the week but may take another few days to raise up to $29 again.

BNB Price Prediction:

BNB is highly innovative crypto with a lot of potentials. The crypto may surge up to $30 in the next one month. In between, the coin may cross it’s all-time high value once or twice if the firm is able to announce some big partnerships in the next 2 months.

Conclusion:

This is the best time to invest in the BNB token as the currency may go profitable in the next few days.

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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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