Binance Coin Embarks On A Recovery; Intraday Trading Indicates Profitable Deal
On Sep 12, 2020
Binance Coin started the day with a bullish trend. The entire market is observed having a similar trend, today. After a long time of downtrend, the last quarter has started with an upsurge. The traders were also waiting for a positive change in the momentum for a long time now.
The intraday trading is expected to fetch profits and we are anticipating that the trend would last for some time now. Let’s view the intraday chart.
BNB to USD Price Comparison:
The data feed is gathered from Binance as of October 01, 2019, 08:27:26 UTC.
Binance Coin (BNB) started trading at $15.2, yesterday and the coin fell to $14.6 by 3.74%. Further, BNB jumped to $15.8 by 7.22% and towards the end of the day, BNB maintained a tight hold at the stated price level. Today, BNB opened with an astounding escalation as the price counter moved from $15.8 to $16.2 by 2.83%. While BNB is currently trading at $15.9.
BNB is counted amongst the result-yielding currencies. The coin has shown a remarkable movement over the past years. The current scenario of the market might be a little scary, but today’s price movement has spiked hope among the traders.
The last quarter holds a lot of expectations and we are quite positive that the currency would fall into the right place. For the interested and potential investors, we would recommend a long term investment plan as it is likely to fetch huge dividends by then.