Binance Coin price analysis: BNB price headed towards all time high

Binance Coin price data analysis reveals that the Binance coin (BNB) is now the sixth (6) largest cryptocurrency. BNB price is expected to hit the all-time high at forty dollars ($40) mark soon.

The market cap for BNB is four billion ($4.72B) dollars and it has done this by gaining an increase in its price in the last three (3) days. A gain of twenty-six (26%) percent that got the crypto coin running in the market for more than thirty ($30.50) dollars, currently.

The support for BNB had been at twenty-eight ($28.90) and then it dropped to twenty-five dollars ($25.18) which were considered to be a major support level as it had played out as a major resistance level during the months of April and May in 2019. The recent price bounce also allowed BNB to break above the 100 days Exponential Moving Average (EMA).

Going up, the probable levels of resistance will be thirty-one dollars ($31.49) and the thirty-two dollar mark ($32.45). Further increase in BNB price shows more resistance at the thirty-four dollars ($34), thirty-five dollars ($35), thirty-six dollars ($36.28) and the thirty-eight dollars ($39.28) marks. Read More at Cryptopolitan...

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