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Binance Coin (BNB) on the Path of Inviting Upsurge

byRitu Lavania
January 11, 2020
in Cryptocurrency News

Today, Binance Coin has taken up the recovery spree. The movement of the coin started improving from yesterday. The same is locked on today’s movement too. Intraday trading is likely to give a positive result.

The future of the coin is speculated to be good. The investment in BNB coin wouldn’t go futile, and the traders can dig-in with a high prospect.

BNB Eyes Break Above $15.31 Resistance

Binance Coin News

Yesterday, Binance Coin started dealing at $14.3. The price escalated to $14.4 by a marginal hike of 0.75%. Then, the price slipped to $14.10 by 2.49%. The currency took an astounding jump to $14.94 by 4.60%. The BNB price slipped to $14.70, and then it registered a steep hike and reached $14.99 by 1.99%. In the closing hours, the coin was spotted hovers around $14.9 and closed at $15.08. The day-long movement exhibited a 5.11% progression in the price of Binance Coin. Today, the coin moved from $15.08 to $14.75 by 2.19% fall. Recently, the Binance Coin price escalated to $14.96 by 1.44%. The coin is trading around $14.9691.

It looks like that the immediate resistance level at $15.31 would get violated at any moment. The speculations of trend reversal are thin. As per BNB price prediction, Binance Coin might bring positive results to the long-term traders.

Resistance Level Price Support Level Price
R1 $15.31 S1 $14.46
R2 $ 15.6 S2 $13.9
R3 $ 16.16 S3 $13.61
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Ritu Lavania

Ritu Lavania

Ritu Lavania is a versatile Web3 content creator with over three years of experience in the crypto space. She specializes in creating engaging and impactful content for diverse audiences. Her skill set includes research, creative writing, SEO, and cross-functional collaboration. She supports animal and education causes . She enjoys writing poetry and interpreting abstract art!

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