The cryptocurrency market was on the down low right now. Several property, together with Binance Coin (BNB), had been painted purple. The world’s largest cryptocurrency, Bitcoin (BTC), dipped beneath the $100,000 mark. As these cash misplaced main positive factors over the previous day, BNB was navigating its path in direction of restoration. The actual query is that if the altcoin can catch the bullish wagon once more and surge to a excessive of $750 over the subsequent couple of days.
Binance Coin Reclaims $700
The native cryptocurrency of the distinguished exchange Binance has witnessed a big yr. The asset surged by almost 200% during the last 12 months. BNB recorded a number of peaks throughout this time. The altcoin hit an all-time excessive of $793.35 earlier this month. Binance Coin is buying and selling 11% beneath this excessive.
At press time, BNB was buying and selling at $701.73 after dropping by 2% over the previous 24 hours. The asset went from buying and selling at a excessive of $718 to a low of $672. Despite this correction, BNB has managed to get well fairly swiftly. This additional paves the way in which for a possible uptick over the weekend.
Weekend Price Prediction
The group is anticipating Binance Coin to succeed in the $800 mark earlier than the tip of the yr. During the weekend, the asset is all set to surge past $700. According to knowledge from CoinCodex, the cryptocurrency is predicted to commerce at a excessive of $721.23 on December 21. This interprets to a 2.69% rise from its present value stage.
In addition, in the course of the remaining month of 2024, it’s anticipated to commerce at a excessive of $827.94. It appears to be like just like the group has to attend longer with a purpose to see BNB surge to this peak. This marks a 17.84% spike from Binance Coin’s current value.
