Binance Coin (BNB) and Monero (XMR) Price Analysis – March 11,2021

Earnings over the last 7 days have been fruitful for Binance Coin (BNB), as the altcoin maintained its position as the world’s third-largest cryptocurrency with a market cap of $43,253,758,280. BNB gained more than 15.52% on a seven-day period, per data from CoinMarketCap, and it is currently on an uptrend. BNB/USD pair will likely continue to rise and break through the resistance level of $300 in the short-term.

As for Monero(XMR), the privacy coin slightly decreased by 1.19% over the past week and is now ranked 24th among cryptocurrencies, with a total market cap of $3,899,455,661. At present, the bulls are not strong, and the short sides are still dominating the market in the short-term, which suggests that XMR may drop to a $200 support level.

Binance Coin (BNB) Price Analysis

Source: BNB / USD Daily via TradingView

After forming a base higher than $210, Binance Coin started a new round of growth. BNB broke the $250 resistance level on March 9. Although BNB dropped by…

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