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Binance Coin (BNB) Continues with a Sluggish Trend After Declining by 6.35%

Binance Coin News Today: Binance has put an undisclosed measure of cash in FTX as a major aspect of a vital association between the two firms. The venture pursues Binance’s September obtaining of JEX, a Seychelles-based spot and subsidiaries stage, which had helped the trading platform.

Binance Coin Price Prediction

BNB coin price dropped from $14.16 to $13.29, with a 6% dip on December 16, 2019. It started to dip further at a slow pace and reached $13.14. The lowest price of Binance Coin was at $12.11 with a 7.83% drop on December 17, 2019. Two days later, the currency is managed to gain some pace and reached $13.77 with a 12.47% hike. Since the said date, BNB coin price has been trading at a constant pace and it is likely that the same phenomenon may remain for a few more days.

At present, Binance Coin has shown a marginal price drop compared to yesterday’s price of $13.39. As per the current trend and Binance Coin prediction by experts, the coin may trade around its immediate resistance of $13.46 shortly.

We strongly advise you to hold the existing coins as per the movement noticed. Barring the interim period of December 17 to 18, the trend for the BNB coin has remained to be an upward one and it may find its next resistance $15 soon.

Ronald Cribbs: Ronald Cribbs is a reporter who has studied in Journalism and previously worked as a freelance reporter in well-known publications and financial news websites. He is regularly going for the interview with leading industry players of crypto space. He has been following cryptocurrencies since 2012.