Binance Coin Price Analysis: Binance Coin May Rise Up to $40 By End Of Month

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  • Binance coin’s future roadmap is full of big surprises and exponential growth
  • Binance Coin’s current performance is not a reflection of the currency’s full potential

Binance Coin has time and again proved itself to be worthy of holding a strong position in the top 100 cryptocurrencies of the world. The coin is also not very far away from giving another record-breaking performance by registering a new record high value at $40. The recent announcement of launching the crypto futures trading platform is going to add much-needed fuel to power it in the upwards direction in the next two weeks. The current market performance is progressive.

BNB Price Statistics:

In the last five days, Binance Coin depicted a mixed trend starting around $35 and then dropping to $32 to rise back at $35 and drop back again to $31. The BNB coin is currently trading at $31.77 as of July 2, 2019, at 08:12:40 UTC. There has been a downtrend of over 10% in the last five days, but the coin may revive back soon.

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Binance Coin price chart - july 2

  • The BNB price token is noted to be $31.77 and 0.00325467 BTC
  • The market cap of the BNB (BNB to USD) is now $4,480,191,842
  • The 24 h volume of the coin is $323,960,328
  • The ROI of the coin is now >9000%
  • The circulating supply of the coin is now 141,175,490 BNB

Binance Coin has been trading around $35 for the past five days, and the first resistance level of the token is expected at $32.77 post which will start moving bullish again.

Binance Coin Price Prediction:

Binance Coin may start surging higher soon and cross $40 milestone by the end of this month and trading persistently thereupon. The coin has shown action-packed performances in the last month, and the trend will continue this month as well. It may trade around $50 to $100 by the end of this year.

Conclusion:

This is a good time to invest in a coin like BNB, which assures a secure future with huge returns.

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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