Binance Coin (BNB) Price Hits Fresh 52 Weeks High after Leaving Ethereum

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By CCN.com: Binance Coin (BNB) is reasonably on the radar now for investors seeking bullish momentum.

BINANCE COIN (BNB) PRICE CHART | SOURCE: COINMARKETCAP.COM

The Binance crypto exchange’s native token established a new 52-week high, up 81.49-percent from its 52-week low price of $4.19. The move prompted BNB to come closer to retesting its all-time high price of $24.91, which was accomplished during the January 12 trading session in 2018. But are there more gains in store for this crypto asset? Let’s take a quick look at its near-term market outlook to understand where it might head next.

Mainnet Launch in Focus

Binance on Thursday announced that it would launch Binance Chain, a public blockchain network which will support BNB tokens, on April 23. The exchange will soon integrate its decentralized exchange platform into