It has been a remarkable day for all of the cryptocurrencies, tokens, and assets on the market. Bitcoin’s surprising sudden uptrend has caused a lot of shifts to take note of. Perhaps the biggest development is how the Binance Coin price successfully claimed a new all-time high for the second time in three days. One has to wonder how long this momentum can remain in place, though.

A New Binance Coin All-time High

Prior to 2019, the BNB all-time high sat well below $25. That record was reached during the 2017 bull run which triggered a lot of excitement, yet also subsequent losses shortly after. Now that 2019 seems to be the year of price recovery, the Binance Coin price has reached several new all-time highs. The most recent one comes in the form of a temporary push to $30.14, albeit that level could not be sustained as of yet.

BNB/BTC Technical Analysis

Unlike most of the alternative markets, Binance Coin successfully managed to gain some value over Bitcoin. A very steep uptrend materialized yesterday afternoon,…

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Source: https://themerkle.com/binance-coin-price-prediction-and-technical-analysis-for-may-19/