Binance Coin (BNB) Exhibits a Fresh Growth; Soon to Breach $27

• Binance Coin price has been up by 3.87% in the last 24 hours, and the current value reached $26.8
• The next resistance point seems likely at $27.71

The overall bullish market condition seems to have helped Binance Coin as well. It has continued its effort to climb up the hill and added 3.87% over the last 24 hours. It currently trades around $26.8.

Binance Coin Price Analysis

BNB coin was at $25.80 at the starting of the day, and over the next 22 hours, the currency marked a slow and steady growth of 4.45% and added $1.14 to get placed at $26.95. It was followed by a short stint of a price correction to the extent of 2.73%, and this swing pulled the price of Binance Coin to $26.22.

However, BNB coin couldn’t be retained at this low for long, and it started strengthening soon. By 02:16 UTC, the coin could jack its value up by 2.87% and go near $27. As per the current momentum and BNB prediction, Binance Coin may soon cross its key resistance of $27.7.

BNB coin has shown steady upward momentum till last week. Yesterday, it marked a sudden spike but after nearing $27 mark, it started correcting downwards. However, it’s 50 days MA ($26.94) and 20 days MA ($26.9) is trading above the current price of BNB Coin. The currency is likely to grow at an even better rate in the upcoming days. The next resistance point for Binance Coin seems likely at $27.71.