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At the dawn of the weekend, it will be interesting to see which markets are on the verge of difficulties. For the moment, it seems that the losses are reduced to a minimum. Even in this case, the price of the coin Binance tries to regain some of its most recent glory, although reaching $ 20 can not necessarily occur over the weekend.
The price of Binance pieces might not increase too much
It is obvious that a large number of crypto-currencies, tokens and badets will actually be under pressure over the weekend. Although it remains to be seen how things will evolve in the coming days, it could be that the general upward trend is not excessive during a period when the majority of trading volume tends to to dry up. In the case of Bancing roomthis week has not been overly positive, although no significant decline has occurred either, with hindsight.
At the moment, the price of the coin Binance is trying to go up. Depending on how you want to look at this table, it is either very successful, or subject to a very slow start in the first place. With a gain of 1.15%, the price is now $ 19.28. The main goal of traders is to reach $ 20, but it remains to be seen if this is still achievable in the long run. The value of BTC and ETH also has minor gains, although they can also be ignored.
A disturbing aspect for NBB holders is the way some of the pumping groups are already playing in these circumstances. Bot Invest bought BNB a few hours ago and its snow was completely profitable with a minor profit. It is obvious that it is possible to earn money through high frequency trading, even if it can also disrupt some markets. One wonders when Binance Coin will be affected by these quick turnarounds.
SOLD[[[[#BNBBTC | #binance | Price: 0.00383850 | Time: 2019-04-06 07:44:39]Portfolio: 0.83273867 | %: 0.043212 | Total: 0.04% | Earn a total of 0.00035505 | B-S T: 02:13 | Availability: 12:06 | HB | 2 | #BTC #BNB #trade #bitcoin
– Bot Invest (@Bot_Krypto) April 6, 2019
Koinfox today shared a very remarkable survey. His survey asked users about their BNP holdings on IEOs on Binance Launchpad. The general feeling is not promising with regard to the next IEO, because many people consider it "boring" or "already bought too much". If the case of using IEO becomes less attractive to Binance coin holders, this token could very well experience a significant drop in price quite quickly.
AT @koinfox we did a survey asking people their views on holding $ BNB lottery system for OIE @ binance.
175 people have participated until now. Here are the results. @cz_binance this could be interesting for you.
Link to the survey here: https://t.co/fxBCdk4Doa#BNB #Crypto #Binance pic.twitter.com/9ZCawYxtzc
– Anshul Dhir ? (@decodetyranny) April 6, 2019
For those who are primarily interested in looking at the Binance card, there is a very bullish trend visible to everyone. CryptoBull expects the ping-pong value to be between $ 17.4 and $ 23.6. Although a drop to $ 17.4 is by no means out of the question, a push to $ 23 or more is quite different. Although current market conditions may seem somewhat promising, it seems unlikely that major price changes will occur in the next few hours and days.
#BNB is still very bullish, a good withdrawal should not go below $ 17.4. The next target would be $ 23.6 but it would take a while to reach pic.twitter.com/stjvXl807l
– CryptoBull (@CryptoBullllll) April 6, 2019
It is rather obvious that the momentum of the coin Binance depends mainly on the price of Bitcoin at that time. The most widely used cryptocurrency in the world apparently does not intend to lose or gain much value today, which could very well result in a status quo for all other markets. Binance Coin, although generally able to do what suits him regardless of the general feeling, will prove to be an interesting market to watch.
Disclaimer: This is not a trading or investment advice. The above article is for entertainment and educational purposes only. Please do your own research before buying or investing in a cryptocurrency.
Image (s): Shutterstock.com
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