Price Analysis

Binance Coin Gains 150% as Per Annual Crypto Returns Report

Chainlink and Tezos have gained 500% and 160% respectively.

The native coin of the Binance exchange has some interesting numbers in its kitty. The BNB is up by 148.4% in 2019 as per Coingecko data. Also, the Binance coin has gained 35702.5% since its All-time low in Oct 2017. BNB has seen activity throughout the year as Binance Exchange is updating and welcoming new changes. 

binance coin

BNB Price Analysis:

Binance coin is up by 4.6% in the last 24 hrs while it has lost 0.3% in 1-hour trading. BNB is trading at $14.88 against USD. The BNB ranks 8th position as per the market cap while its market cap has reached $2,234,516,573 USD. Moreover, the crypto is trading against Bitcoin at 0.00193176 BTC with a 4.11% rise.

Binance YTD Analysis:

Looking at the Year-to-date analysis of Binance Coin, the BNB price has seen its ups and downs. The price was highest during mid-year while BNB fell again in the last quarter. The Binance Coin price has reached its peak at $38.52 on Jun 22, 2019. While the coin was at its lowest in early January 2019. 

BNB Technical Analysis:

Binance coin is trading in the green zone for the last few hours. 

MACD – The MACD Indicator is trading in the green zone, way above the 0-level. This shows the bullish zone in the near future.

RSI – The RSI Indicator is rising and nearing the bullish support level 70.

It will be interesting to see further changes to the Binance coin price.

Also, compared to BNB, Chainlink has gained 512% while Tezos coin is 166.4% in profit since last year. Charlie Bilello, founder of Compound Capital Advisors have raised an interesting point. 

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Delma Wilson

Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play badminton and watch out ted talks. She likes pets and shares her free time with NGO.

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