Binance Coin, Chainlink, Theta Price Analysis: 4 July

Binance Coin, Chainlink, Theta Price Analysis: 4 July

ambcrypto.com
4 min read
fairly easy
Bitcoin's 4.88% rise over the past day reflected in the positive price movements of altcoins too, many of which headed for recovery after incurring losses in late June. Several altcoins remained within a restricted price range since then, while market volatility remained low. Binance Coin registered significant gains in the past week, while Chainlink experienced […]
Bitcoin's 4.88% rise over the past day reflected in the positive price movements of altcoins too, many of which headed for recovery after incurring losses in late June. Several altcoins remained within a restricted price range since then, while market volatility remained low. Binance Coin registered significant gains in the past week, while Chainlink experienced a rise in capital inflows. Both of these coins, along with THETA, noted an upward trend as the market remained in a bullish spell.

Binance Coin [BNB] –

Earlier this week, the crypto exchange Binance was charged with criminal complaints by the Thai SEC, and an investigation was opened against it by the Cayman Islands monetary authority. This did not seem to have deterred Binance Coin's gains, as they totaled 6.3% over the past day, while its one-week price hike was 9.4%.

Since a price fall on 21 June where it breached the $317 support, BNB had been oscillating between $317 resistance and $252 support levels. The coin, trading in the green, was valued at $305 at press time.

The asset's price chart…
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