Binance Coin Price Analysis: Can BNB Outsmart Bears and Target $15.15?

The coin was being traded at $15.80 on November 29, with an upward trend. It dropped to $15.51 in a span of few hours on the same day. The coin managed to soar up with a 5% growth and reached $16.31 which was the highest trading price. From $16.22, it dropped to the level of $15.02 due to multiple falls. It continued to get traded at $15.02 as on the first day of December. While writing this analysis, BNB was showing a downward trend.

Binance Coin Price Analysis:

Binance Coin Price

Binance coin reflects bearish control by 2.67% as compared to the trading price of yesterday which was $15.43. It may be able to slightly rise up and reach close to $15.15 by tomorrow.


BNB can get traded within $14.82 and $15.40 today. BNB movement was an upward one from November 29 until the start of this month as the bears are dominating it since then. If you trade with a long term vision in Binance coin, it will prove to be more profitable. The coin has the ability to reach above $20 by the end of 2020.

Recent Articles

Enjoy Trading with Advanced Trading Tools of Euro Prime

Looking at the instability that the financial market offers, we all can say that there is a dire need for a reliable trading platform....

Mphasis and QEDIT to Create Blockchain Solutions With Enhanced Privacy

Indian IT firm Mphasis has teamed up with Israel’s QEDIT to create blockchain-based privacy-enhancing enterprise solutions. Blockchain being a distributed ledger technology, all transactions on...

Smart Sight Innovations Provides Blockchain-based Solution for Trusted’s Web App

Headquartered in Mumbai and working as a renowned IT and web-based solution providing firm Smart Sight Innovations has designed a revolutionary blockchain-supported solution for...

RBI Says Crypto Not Banned in India but Offers Little in Terms of Utility

The Reserve Bank of India on Wednesday made a strong statement against Crypto and asserted that residents of India are in no need of...

Siemens gets support from Trump on Middle East Reconstruction Projects

In a recent interview with CNBC at the World Economic Forum (WEF), Siemens CEO, Joe Kaesar revealed that US President Donald Trump would support...

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Stay on op - Ge the daily news in your inbox