Binance Coin Price Analysis: Binance Coin (BNB) Value Dropped By 7.7% From The Highest Peak Seen on 25th July

Binance Coin seems to be on a volatile run as of now. However, BNB coin followers are holding their position for future returns. But they are hoping for new announcements and partnerships along with the big launch of WINk that might improve the capitalization of Binance coin in the near future.

Current Statistics of Binance Coin:

BNB price is currently trading at $27.4292 at 07:27 UTC on 29th July 2019. The other essential factors are as follows:

Binance Coin Price Prediction
Binance Coin Price Chart by TradingView
  • Return on Investment: >9000%
  • Total supply/Circulating Supply: 187,536,713 BNB/ 155,536,713 BNB
  • 24 Hour Volume: 158,924,238 USD
  • Market Cap: 4,280,988,410 USD
  • 7 Day high/low: 32.11 USD / 26.97 USD

BNB to USD Price Comparison:

Considering the data from the last 5 days, the lower value touchdown was initially seen on 24th July at 04:15 UTC with the value trading at $27.7141. The value escalated by 7.15% from then on 25th July at 10:25 UTC trading at $29.6964. The value from then dropped by 4.75% on 26th July at 02:30 UTC with the trade changing at $28.2862. However, by 27th July at 00:15 UTC, the value escalated again by 4.22% with the trading valuation seen at $29.4788.

Binance coin price from then dropped yesterday at 22:35 UTC by 10.03% trading at $26.5377. The value today escalated by 5.01% at 01:50 UTC with trading changed to $27.8672. As of now, the value is slightly dropped by 1.5% from then.

Binance Coin Price Prediction and Conclusion:

Binance coin is acquiring attention from many Cryptocurrency followers while trading in the ‘buying’ zone. New traders are excited to build a better portfolio with Binance coin in a bearish zone as of now. So, you can visit our forecast page to Know more about BNB Price Prediction. The resistance and support levels are calculated below might help them with a safer decision on trade:

Resistance Levels:

R1: $28.19, R2: $28.54 and R3: $29.15

Support Levels:

S1: $27.23, S2: $26.62 and S3: $26.27

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
Bitcoin (BTC) $ 66,145.72
Ethereum (ETH) $ 3,492.84
Tether (USDT) $ 0.999187
BNB (BNB) $ 604.37
Solana (SOL) $ 143.64
XRP (XRP) $ 0.475224
Dogecoin (DOGE) $ 0.13558
Cardano (ADA) $ 0.411301