Price Analysis

Sluggish Run to Continue for Binance Coin (BNB) with Further Downside Momentum

On December 10, 2019, BNB’s price was trading at $14.90 with an upside movement. Then, the price dropped to $14.60 within a few hours. After that, the Binance Coin price managed to rise again and reached $14.78 at 19:55 UTC. On December 11, 2019, BNB price reached $14.93, with an almost 2% rise. The upward movement remained with the coin reaching the highest trading cost of $14.99 yesterday. But there was a steep fall, and a drop of 2.58% was seen. The lowest price visible was at $14.40 today at 01:50 UTC.

 

 

Binance coin is reflecting a negative trend of 1.63% as compared to today’s price of $14.78. It may continue to fall by tomorrow and get traded at $14.02. We recommend to buy new coins today as per the movement noticed. BNB coin’s range of trading can be $14.28 – $14.95. For the past two days, the currency has shown a mixed trend with several ups and downs. The bearish stance seems prominent now which may remain for a few more days.

John Roberts

John Roberts is a freelance writer, and he writes about technology, finance, and the crypto market. His years of experience in the news writing makes her content flaws. He has good knowledge about cryptocurrencies, and hence, he contributes price analysis regularly.

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