fbpx
Price Analysis

Binance Coin Price Face with a Slight Plunge; Coin Deal at $22

  • Binance Coin (BNB) price deals with a moderate loss.
  • The expectation of upsurge in price gets postponed.

Binance Coin (BNB) has opened the day with a bearish trend. The coin has seen struggling to climb up on the chart a few days ago. The same became possible in yesterday’s chart. The coin recovered a lot and has attained a pretty impressive momentum.

Yesterday, the coin was seen hovering highest at 22.83 USD and the lowest at 22.38 USD. The volume marked on yesterday’s chart was 175,027,324 USD. Let’s have a look at the intraday chart and understand today’s movement.

Binance Coin Price Chart:

The chart is taken from Trading View on September 09, 2019 at 05:12:08 UTC for price analysis.

Binance Coin Price
Binance Coin Chart By TradingView

Yesterday, the coin opened at $22.5. The coin escalated for a while but, later, fell on the price chart from $22.7 to $22.4 by 1.18%. Further, the coin recovered from $22.4 to $22.7 by 1.35%. The coin again fell from $22.7 to $22.1 by 2%. The coin recovered again from $22.1 to $22.5 by 1.82%. The coin closed the day at $22.3, with an intraday regression of 0.99%. Today, the coin is slipping on the chart from $22.3 to $22.1 by 0.99%.

Summary of BNB to USD:

  • The price of BNB is at 22.22 USD.
  • The ROI is marked at >9000%.
  • The market cap is noted as 3,480,107,878 USD.
  • The circulating supply has 155,536,713 BNB.
  • The 24hr volume is at 166,781,958 USD.

Binance Coin Price Prediction and Conclusion:

Binance Coin (BNB) has given good results to the investors in the past. Hence, the loyal traders were seen to adhere during the recent fall. The same helped the coin to maintain itself at the 7th position in the crypto market. The coin has recently experienced an upward trend in the market. Along with the uptrend, there is also a selling pressure which is anticipated to pass with time.

The future of the coin is considered to be great. In the coming years, the coin is speculated to cross $50. We would recommend the investors to dig in with a long period. The specified investment plan would help traders in gaining huge dividends.

Tags

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
Close