Binance Coin has been going great guns beating the bearish pressure at regular intervals and trying to maintain stability. Over the last 24 hours, the currency has mostly been in the upper range yesterday, with the price fluctuating between $14.96 – $15.80.
Binance Coin Price Analysis
BNB coin continues to maintain its price above $15 mark, as seen from the price trend of the past 24 hours. Yesterday, the currency hit a low at $14.96 at 1:23 UTC. Then, it shot up to $15.247, but then faced a marginal fall and touched $15.11 at 4:08 UTC. This did not deter the price of Binance Coin from pushing in the upper league, and it managed to reach a high of $15.8056 at 16:43 UTC, showing the recovery to the tune of 4.50%.
After this moderate hike, the coin faced slight correction, and at 22:15 UTC, the price fell to $15.63. Today, again, BNB coin has picked up the pace and reflected a spike at $15.90, but later, it regains the price level around $15.63.
As per the current price trend of BNB/USD and Binance Coin prediction, the currency might face consolidation around the current price level. There is a possibility that, along with its peers, Binance Coin’s price will also mark a moderate escalation in the coming hours and breach its previous resistance of $16.