In the recent bearish days, Binance Coin was spotted holding itself tight. There wasn’t much loss registered. Whereas top guns of the market like Bitcoin, Ethereum, Ripple etc. were badly affected by the pressure.
The currency is speculated to have great potential. It is likely to surge upwards and enroll itself among the top five cryptocurrencies in the market. Thus, investment in the BNB coin wouldn’t go futile.
Binance Coin Price Analysis
Yesterday, Binance Coin began the day with a slight uptrend. The currency moved from $17.00 to $17.12 by a marginal hike. In the next 2 hours, the price slipped to $16.48 by 4.16%. The BNB coin price improved and escalated to $16.66 by 1.28%. Further, the price dropped to $16.47. Later, the currency jumped to $16.69 by 1.37%. The price dropped to $16.40 by 1.56%. In the next 3 hours and 39 minutes, the Binance Coin price jumped to $17.40 by 5.97%. After this massive hike, the coin felt a pullback pressure, and the price dropped to $16.95 by 2.20%. The final hour brought the price to $17.05.
Today, within an hour, the currency price dropped to $16.52, and then, the BNB coin price jumped to $16.80 by 1.67%. The price slipped to $16.60 by 1.11%. Later, the coin recovered and touched $16.80. The current price of Binance Coin is at $16.8796. The coin is speculated to climb to the immediate resistance level at $17.47 in the coming hour. By the end of the day, the coin touched the next resistance level at $17.89.