{"id":295802,"date":"2021-07-26T13:48:21","date_gmt":"2021-07-26T17:48:21","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=295802"},"modified":"2024-05-31T16:02:36","modified_gmt":"2024-05-31T16:02:36","slug":"5-best-cryptocurrency-to-buy-for-recovery-july-2021-week-4-2","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/5-best-cryptocurrency-to-buy-for-recovery-july-2021-week-4-2","title":{"rendered":"5 Best Cryptocurrency To Buy For Recovery July 2021 Week 4"},"content":{"rendered":"
Looking for the best cryptocurrency to buy for recovery? In this review, we take a rundown at the top cryptocurrencies moving the market with the potential for massive gains. Let’s jump right in.<\/p>\n
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Starting off our list of cryptocurrency to buy for recovery is the utility token of the Binance exchange, the Binance coin (BNB).<\/p>\n
Last week Tuesday, BNB dropped to $266.32 on the daily chart, but the coin appears to be recovering presently. Despite Binance’s recent regulatory issues, BNB has increased by 5.49% in the last 24 hours and is currently trading at $317.10.<\/p>\n
Recent comments made by the CEO and founder of Binance, Changpeng “CZ” Zhao, may have helped jolt BNB back up. Zhao made known in an online event<\/a> called REDeFiNE Tomorrow that its US arm, Binance US may list shares through an initial public offering soon.<\/p>\n Binance is also looking to hire a new chief executive officer with a very strong regulatory background to curtail the regulatory issues.<\/p>\n BNB’s strong potential can be seen on the chart, with the 200-day moving up from its present trading at $319.71. The Relative Strength Index (RSI) is also supporting this bullish momentum at 66.34. BNB looks like it will continue on this comeback path. This is why it is a top cryptocurrency to buy for recovery.<\/p>\n