{"id":375962,"date":"2019-03-25T18:00:58","date_gmt":"2019-03-25T18:00:58","guid":{"rendered":"https:\/\/wncen.com\/?p=375962"},"modified":"2024-06-11T18:24:42","modified_gmt":"2024-06-11T18:24:42","slug":"binance-coin-bnb-100-percent-surge-not-an-impossibility","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/binance-coin-bnb-100-percent-surge-not-an-impossibility\/","title":{"rendered":"Binance Coin (BNB) 100 Percent Surge not an Impossibility"},"content":{"rendered":"
Driving Binance Coin (BNB) prices are fundamental reasons. The coin is up 6.1 percent from last week\u2019s end. After the announcement of Binance Margin trading plans and requirement that holders of BNB are eligible, the currency is likely to surge towards $26 as demand rise.<\/em><\/p>\n Widespread reports reveal that Binance may be after all preparing to onboard crypto margin trading\u2014and the reception is not positive. The exchange is the largest in the world by adjusted trading volumes and required to trend with caution considering what\u2019s at stake. If there is a leeway allowing retail traders to use borrowed funds, then analysts say this will be risky for the ecosystem. Regulators all over the world including Japan\u2019s FSA have sounded their warning saying margin trading in an already volatile environment is unsafe for the ordinary investor.<\/p>\n Here\u2019s what the programmer who discovered Binance margin trading feature on their API had to say<\/a>:<\/p>\n \u201cThis change has not been reflected on the documentation. Further analysis of the response revealed that all 482 trading pairs have spot trading enabled and margin trading disabled; which makes sense. However, this API update implies that Binance is considering the implementation of margin trading features.\u201d<\/em><\/p>\n In the unconfirmed arrangement, margin trading will be subject to account owners holding some Binance Coin (BNB).<\/p>\n <\/p>\n Trailing Cardano (ADA)\u2014which is up 17.6 percent in the last week is Binance Coin, up 6.1 percent in the same time-frame.\u00a0 From the daily chart, it is clear that Binance coin (BNB) is on an uptrend and trading in a bull breakout pattern with bases at around $11.<\/p>\nBinance Coin Price Analysis<\/h2>\n
Fundamentals<\/h3>\n
Candlestick Arrangement<\/h3>\n