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Binance

BNB’s Uptrend Remains Intact; Will BNB Soon Embark Price Rally?

  • Binance Coin (BNB) reflects a slight recovery in price.
  • The coin is indicating a positive sign of embracing upsurge in the near future.

The crypto market started the day at $26 billion market cap. There are strong speculations that by the day end, it might touch $27 billion. The altcoins also opened in the green. The day seems to have a terrific output.

Binance Coin (BNB) has started the day with an uptrend too. The currency is reflecting a moderate movement which has a high possibility of speeding up by the day’s end. The market cap of Binance Coin is noted as $3,276,056,695.

Binance Coin Current Circulation:

The chart is taken from Trading View on 15th September 2019 at 03:04:39 UTC for price analysis.

BNB Price Chart

Yesterday, Binance Coin started trading at $20.9. The first half of the day remained at the same level. Later, the currency fell from $20.9 to $20.7 by 0.82%. Binance Coin started moving up after touching $20.7 and reached $21.1. During the final hours, the currency fell from $21.1 to $21 and closed the day with an intraday progression of 0.80%. Today, the first few hours brought escalation in Binance Coin. The price moved from $21.01 to $21.08 by 0.37%.

BNB Price Prediction and Conclusion:

Binance Coin is currently holding the ROI at > 9000%. The 24hr volume marked in the currency is $152,944,831. Of about total supply of 187,536,713 BNB, there are 155,536,713 BNB coins currently circulated in the market. The future of Binance Coin appears bright at the moment. The investment in BNB wouldn’t go futile.

There is a strong possibility that the currency would be seen dealing at $35 by the end of 2019. Towards the beginning of 2022, the escalation in Binance Coin can take it to $50. The future prospect is brighter, and thus we would suggest the investors go for long term investment with Binnace coin to ensure high dividends in the future.

Source:cryptocurrencynews

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