Bnb Is Heading For Its 15Th Quarterly Token Burning Event.
Now the initial support level can be $636. The current price is $374.77432 per bnb. Binance coin / usdt at binance.
It Has A Market Cap Rank Of 8262.
Bnb, which traded at “only” $50 on the first day of february, reached as high as $230 earlier today. Binance coin (bnb) smashed a huge and massive resistance zone at the $500 psychological level. B&bsince may 23, bnb has been trending higher, following an ascending support line.
Binance [Bnb] Coin Registered At A High Of Above $22 On 1St And 2Nd April 2019.
Therefore, binance coin has a strong safety net, so to speak, and might allow itself to drop below $20 or even $15 without endangering the structure of the macro uptrend. But it sure is mooning, apparently linked to. The question now is, what is next for binance?
Over The Last Day , Binance Coin Has Had 73% Transparent Volume And Has Been Trading On 18,555 Active Markets With Its Highest Volume Trading Pairs Being.
The uptrend is supported by both price action and technical indicators. This price peak happened just one day before its quarterly token burn, leading investors to question whether or not bnb price will move higher once the event concludes. We expect binance coin will create a new ath.
Thus, The Line Appears To Measure The Rate Of Increase Of Bnb.
The current token peaked on august 26th at $518.9. Binance coin (bnb), the cryptocurrency issued by the binance exchange has soared over 25% in the last 7 days. Binance coin’s positive momentum from the past month, notably surging by about 360%, continues on.