BNB reaches new highs, showing prospects for further growth

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The last 90 days was a great period for Binance Coin, and his winning streak continues on. Cryptocurrency since entering the market in 2018 increased by more than 430%, and for the last 3 months it grew by more than 260%.

Today BNB crossed the mark of $30 to fix a new maximum price for all time of its existence – about $32,80, and then declined slightly. At the time of writing this article, BNB is trading at a price of about $31,52 and current increase to 10.53%.

Many believe that the reason for this surge was the message that Binance ready for the launch of DEX 2.0.

BNB so far remained the most successful of the top 10 cryptocurrencies for the last time, despite the recent surge in value of Bitcoins, accompanied by growth of other altcoins.

If BNB to rise above?

Analysts believe that looking at the trend of growth of the cryptocurrency over the past few months, we can assume that BNB can beat another record, actually reaching $40 dollars, but he will have to overcome the resistance levels at $35, $37 and $38.

According to technical indicators, BNB’s are faced with the inevitable rollback, which can be short-term, after which the coin can forge ahead to achieve great heights.

If we consider the General situation on the market, especially at a time when it is expected that Bitcoin, which is the main driving force of the stock market to continue to grow, the prospects look good BNB.

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Tags: Binance Coin

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