Binance Coin (BNB) Showing a Bullish Signal

Binance Coin (BNB) Showing a Bullish Signal
  • Binance Coin (BNB) currently showing a bullish sign.
  • BNB is trying to move about the resistance level of $330.
  • Binance facilitates over 1.4 million transactions per second.

Binance Coin (BNB) currently showing a bullish signal. On July 20, Tuesday BNB price increased, since May 23 it was falling. BNB is trying to move about the resistance level of $330. If it successfully touches $330 then the next resistance level will be $420.

According to CoinMarketCap at the time of writing, the BNB price is at $310.49 with a 24-hour trading volume of $1,430,360,044. Currently, BNB holds the 4th position in the CoinMarketCap.

More so, BNB is trading on top cryptocurrency exchanges such as Binance, Tokocrypto, CoinTiger, FTX, and Bitwell. The current circulating supply of BNB is 168,137,036.00 BNB.

Binance Coin (BNB)

Binance Coin (BNB) is cryptocurrency that can be to trade and pay fees on the Binance crypto exchange. Binance is one of the largest cryptocurrency exchanges among many crypto exchanges.

Binance facilitates over 1.4 million transactions per second. Binance coin enables discounts in gas fees on the Binance exchange for the BNB users. Binance coins can also be exchanged or traded for other cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and so on.

Furthermore, investing in Binance coin (BNB) will be worth it, because according to CoinMarketCap the price of the BNB increases and showing a bullish sign.  BNB is one of the top utility tokens and has a wide range of advantages over other cryptocurrencies.

BNB is one of the cryptos which is great for long-term investment. Furthermore, with the advancements and upgrades on the BNB ecosystem, the performance of BNB would rise reaching $330 very soon. But, it might also reach $342 if the investors believe that BNB is a good investment in 2021.

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