Price Analysis

Binance Coin Price Analysis: Will Binance Coin (BNB) Cross $35 Mark Again Soon?

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  • Binance Coin trades at $34 briefly grabbing eyeballs again
  • Binance Coin may start trading above $35 by the end of the week

Binance Coin has been one of the high performing assets, and with new partnership deals & listings announced by the Binance Chain, there is no stopping back for BNB token. The coin may cross all boundaries by the mid of this month and start trading above $40 for the interest of investors and traders. The current market performance also points strongly in the direction of bullish trends ahead.

Binance Coin Price Statistics:

BNB has moved past its yesterday’s open and close value of $32 and traded at $34 briefly today. The coin is currently trading at $33.55 and rising upwards. There has been an uptrend of over 1.25% in the last one day when the coin moved from $33.15 to its current value but the lowest recorded value between yesterday and today remains to be $31.58 recorded yesterday.

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Binance Coin Price Chart - 4 July
Binance Coin Price Chart
  • The current trading price of BNB is noted at $33.55 and 0.00288940 BTC
  • The market cap of the coin is now $4,765,648,234
  • The 24 h volume has been $293,382,101
  • The ROI of the coin stands at >9000%
  • The circulating supply of BNB has reached 141,175,490 BNB

Binance Coin’s first resistance level was around $33.24 post, which the coin will start going bullish, and the value has already been crossed. This is the time to wait and watch as BNB goes on stormy trends again.

Binance Coin Price Prediction:

Binance Coin has been one of the most stable currencies unaffected by the market fluctuations and has given good returns in this year to all the investors. But the best is yet to come. BNB may trade around $50 to $100 by the end of this year.

Conclusion:

This is the best time for long-term investments in BNB token as the coin is in its best form and shape and assures huge gains in the future.

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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