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BNB Bounces off $300 Support And Looks To Challenge $360

Published 05/25/2022, 04:00 AM
Updated 05/25/2022, 04:00 AM
© Reuters.  BNB Bounces off $300 Support And Looks To Challenge $360

  • Binance Coin’s (BNB) price posted 1.63% gains in the last 24 hours.
  • BNB’s price is also up for the last 7 days and has risen 11.18% in the last week.
  • The weekly chart for BNB shows signs of the outlook for BNB turning bullish.

Binance Coin’s (BNB) price posted 1.63% gains in the last 24 hours, taking its price to $333.96, according to CoinMarketCap. BNB’s price is also up for the last 7 days with a growth rate of 11.18%.

The price of BNB is very near its 24 hour high of $336.67, with its low sitting around $313.55. Its price has also strengthened against Ethereum (ETH) by 0.80%. However, BNB has weakened against Bitcoin (BTC) by around 0.84% at the time of writing (7:15 AM GMT +2). At the moment, BNB is worth approximately 0.01111 BTC and 0.1667 ETH.

Ranked number 4 on CoinMarketCap’s list of the largest cryptocurrency projects by market cap, BNB’s market cap currently stands at $54,487,339,659. The daily trading volume of BNB has seen a bit of a decrease of 12.59% in the last day. This takes the total 2 ...

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