Altcoins

Binance Coin Market Report: $BNB Shows Large Increase

Brief:


Binance Coin is in the top fifty of all cryptocurrencies by market capitalization and today enjoyed a large increase. Binance Coin is up 35.34% in 24 hours, up 37.55% on the week and up 273.92% on the month on a last price of 0.00082987 BTC or about $13.64. The Binance Coin marketcap is $1,350,550,960 with a circulating supply of 99,014,000 $BNB. $BNB/BTC is trading between a 24hr high of 0.00089990 BTC ($14.79) and a 24hr low of 0.00059407 BTC ($9.76) on a 24hr Binance volume of 9,750 BTC. In daily heavy volume trading the weekly trend is mixed.

Last price

0.00082987 $BNB/BTC

$USD

last price $ 13.64
one week ago $ 9.91
percentage 37.64%

Volume

Volume

$BNB 24 hour volume
BTC 9,750 BTC
all $BNB currencies 16,285 BTC

The 24 hour volume for $BNB/BTC on Binance is 9,750 BTC. This volume weight is heavy when compared with Binance daily trading levels for $BNB over the last month.

The total 24 hour volume for all reporting $BNB markets is 16,285 BTC.

Market Share

The Binance currency pair $BNB/BTC is 59.87% of all $BNB traded in twenty-four hours. Binance holds close to 100% market share in its many $BNB pairs. EtherDelta also trades a small amount of $BNB.

Remarks

Binance Coin is in the top fifty of all cryptocurrencies by market capitalization and today enjoyed a large increase. Binance Coin is up 35.34% in 24 hours, up 37.55% on the week and up 273.92% on the month on a last price of 0.00082987 BTC or about $13.64. The Binance Coin marketcap is $1,350,550,960 with a circulating supply of 99,014,000 $BNB. $BNB/BTC is trading between a 24hr high of 0.00089990 BTC ($14.79) and a 24hr low of 0.00059407 BTC ($9.76) on a 24hr Binance volume of 9,750 BTC. In daily heavy volume trading the weekly trend is mixed.

One Year Chart

Courtesy CoinMarketCap.com

One Day Candles

Friday January 05 2018 Bitcoin Background

Altcoins such as Binance Coin may show a relationship with bitcoin (BTC) which changes with the alt, bitcoin and market conditions:

24 Hours of Bitcoin
24 Hours of #Bitcoin
9.41% price $16,731.90
vol $23,310,500,000
mktcap $280,830,501,870
16.78M #XBT 19:01 #FinTech
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Yesterday

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Price change

Price change is the $BNB percentage change within the period:

period change
day 35.34%
week 37.55%
month 273.92%

Highlight Chart

Tap / click to enlarge:

Binance Coin is up 35.34% in 24 hours, up 37.55% on the week and up 273.92% on the month on a last price of 0.00082987 BTC or about $13.64.
Binance Coin is up 35.34% in 24 hours, up 37.55% on the week and up 273.92% on the month on a last price of 0.00082987 BTC or about $13.64.

Data source

Binance is the main data source for this report. Other sources are credited where used.

Website
https://www.binance.com/?ref=17053510

Market capitalization

Market capitalization is the total $US dollar value of the Binance Coin market calculated using the formula:

market cap = ( circulating supply x last price )
Market cap $ 1,350,550,960
Circulating supply 99,014,000
Last price $ 13.64
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high 0.00089990 BTC
daily low 0.00059407 BTC

Trend

The weekly trend is mixed.

trend is MIXED

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00089990 BTC
week 0.00089990 BTC

Support

Support is the lowest price within the period:

period support
day 0.00059407 BTC
week 0.00052900 BTC

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Binance Coin is in the top fifty of all cryptocurrencies by market capitalization and today enjoyed a large increase. Binance Coin is up 35.34% in 24 hours, up 37.55% on the week and up 273.92% on the month on a last price of 0.00082987 BTC or about $13.64. The Binance Coin marketcap is $1,350,550,960 with a circulating supply of 99,014,000 $BNB. $BNB/BTC saw weekly resistance at 0.00089990 ($14.79) and weekly support at 0.00052900 ($8.69). Market sentiment is neutral. The weekly trend is mixed in daily heavy volume trading.

Price Direction?
The mixed weekly trend has two red daily candles out of seven. The price has been significantly bouyant. The one hour candle chart is showing signs of weakness but with volatility. Four of the last five hourly candles are red. There is likely to be more red than green today.

Analytic Strategy: Objective Analysis

Objective analysis begins free of subjectivity. Interpretation of technical analysis geometric patterns, for example perceived shapes on a trading chart, is inherently subjective. This report is free of technical subjectivity to the maximum extent reasonably possible.

Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

http://kittybitcoin.com/docs/disclaimer.php

Printed

This report was printed on Friday January 05 2018 18:57 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

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Thanks for reading! 🙂

Tags

Binance Coin, $BNB, BTC, Binance, Market, Report, $BNB/BTC, altcoins

@KittyBitcoin supplies mobile friendly blockchain intelligence on http://kittybitcoin.com. Their favorite color is pink and the bigger the wool ball the better.
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