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Topic: Binance Coin - Not Far From The Falling - page 7. (Read 12463 times)

full member
Activity: 770
Merit: 106
here that is difficult to guess the project is strong and stable it for the last 1.5 years that they showed us was on the 1st place for the correction(as never happened) and only grew,and the fact that he now is at its Peak,but like the current starts rising market,so it is very difficult to say where it will go!
Yes banans well kept this heavy for cryptocurrency 18, almost falling. This is because of the exchange in contrast to the other projects continued to make a profit. And now the money will go to other projects, so it is BNB can go to the correction
full member
Activity: 602
Merit: 100
here that is difficult to guess the project is strong and stable it for the last 1.5 years that they showed us was on the 1st place for the correction(as never happened) and only grew,and the fact that he now is at its Peak,but like the current starts rising market,so it is very difficult to say where it will go!
legendary
Activity: 3150
Merit: 1148
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It will go as high as $100 or even double it as the bullish trend continues.

One of the most popular coins in the market and the most profitable coin in the market thus far.
That's the kind of success BNB are enjoying right now and that is very attractive for investors.

If your prediction is $100, I think that's still conservative, and that would make you very profitable, I have confident on this coin, it's gonna pump more.
sr. member
Activity: 1330
Merit: 289
And after this postulation of yours Binance coin kept soaring high. Let's not just bring up some unverified information, price predictions are not certain, TA fails sometimes too, market emotions overrule.
member
Activity: 336
Merit: 12
Bnb coin is far from falling as I can tell ,many believe it will fall after reaching its ATH but to me it will keep nailing it ,with IEO doing well on binance exchange I think bnb token is just getting started
legendary
Activity: 2772
Merit: 1028
Duelbits.com
The market made a good upward movement and reached ATH . We have a resistance zone between 24.00 and 25.00 levels and the 1st attempt to pass this zone. More likely that the price will bounce and correct the previous movement. It will be logical if we can use this word and this market together. For confirmation of the price reversal we need to wait for the close price of the daily candle. If it is below 24.00 level and the bearish candle is strong, we will get the 1st signal confirming the bouncing from the resistance.

RSI is going to confirm the price reversal in the overbought zone. MACD histogram and in some timelines will be able to support a possible downward movement. The market looks overbought and the downward movement in the medium term will be a logical movement in the bullish structure.
I can't imagine your crypto charts with all these indicators and technical analysis tools. I am sure, technical analyze traders wait for a golden cross with 20 days moving average and 200-day moving averages for getting in the trade. Crypto charts are complicated and these indicators are simple for explaining this complexity.
full member
Activity: 1274
Merit: 100
Binance has its own very strong platform and the  Binance team is very active and give good incentives for holding BNB time to time so BNB will remain stable and its value  increasing trend even in bearish market is still going up.
sr. member
Activity: 784
Merit: 256
Binance #Smart World Global Token
I see many people still supportive of BNB despite that hack but the truth is that they fail to deliver max security to their users. That was a very bad image for Binance and I will not  be surprised if they will share the same fate of Poloniex or Cryptopia. New and promising exchanges are emerging and Binance just gave them more advantage.

Poloniex or Cryptopia is generally impossible to compare with binance. These exchanges have become outdated both morally and physically. Binance will Always dictate the terms and innovate one of the first. But hacks will always be, the hackers are not sleeping.
copper member
Activity: 168
Merit: 0
I saw this for long and I wonder what on earth is the building on that make TA useless like never before , I have bags of this coin but yet we are in a world of decentralized which we all know this coin should drop but keep pumping and pumping with what we call manipulation .

This isn't build and its obvious that it need to drop and all people see is best coin and best that, I think there is much to the pump as nothing even the btc has never perform such surge ever since inception, the bnb is centralized and why we seeing the market like this .
member
Activity: 392
Merit: 10
It was to be expected that Binance Coin price would drop after reaching new ATH. It's been one of the top performing coins during the 2018 bear market, I think it's going to continue to surprise.
sr. member
Activity: 1372
Merit: 322
I see Binance coin will countinue to increase and there is no reason to fall. One of the best coin in 2019, good performance and have a good exchange platform make Binance price go up.

the OP think if binance coin already in oversold area, and in technical analysis when a cryptocurrencies hit this area,
the price could be down anytime,
but, i think not for crash, only for a little corrections before this coin continue rising my friend

The only reason behind the BNB coin pump is the IEO, the truth is lately, people have realised that IEO is another shit like ICO and they will lost interest over the time. Which is the reason for which I think BNB will be dumped.
jr. member
Activity: 86
Merit: 4
The market made a good upward movement and reached ATH . We have a resistance zone between 24.00 and 25.00 levels and the 1st attempt to pass this zone. More likely that the price will bounce and correct the previous movement. It will be logical if we can use this word and this market together. For confirmation of the price reversal we need to wait for the close price of the daily candle. If it is below 24.00 level and the bearish candle is strong, we will get the 1st signal confirming the bouncing from the resistance.

RSI is going to confirm the price reversal in the overbought zone. MACD histogram and in some timelines will be able to support a possible downward movement. The market looks overbought and the downward movement in the medium term will be a logical movement in the bullish structure.
This is a neat technical analysis of the binance market but the current state of the crypto market doesn't favour technical analysis in my opinion.. Most times I follow TA I get rekt.. I prefer trading with fundamental analysis instead.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
I think BNB is a good coin to hold in 2019. Its value really increased significantly. Binance is a leading exchange of trends to recover the market. Not investing BNB would be a big mistake.
The current situation of BNB is little unexpectedly so it was going to moon on this year. But still some peoples are fear to future profit of BNB, because crypto currency will move pump and dump at anytime. I am also sure it will move good hype on further days at the same time we must always active the trading on any coin.
sr. member
Activity: 2436
Merit: 272
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Binance was on a fell earlier but now they are managed to get the records back and keeps going as how it was before but still not sure about holding it too long because the chaces of getting the binance coin out of the market from ruin the reputation of binance if someone want to.
member
Activity: 341
Merit: 10
I think BNB is a good coin to hold in 2019. Its value really increased significantly. Binance is a leading exchange of trends to recover the market. Not investing BNB would be a big mistake.
full member
Activity: 434
Merit: 100
I see many people still supportive of BNB despite that hack but the truth is that they fail to deliver max security to their users. That was a very bad image for Binance and I will not  be surprised if they will share the same fate of Poloniex or Cryptopia. New and promising exchanges are emerging and Binance just gave them more advantage.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
The small drop we have seen is very common this time that the market is more volatile, most coins always has correction when the pump in value and even bitcoin too do have drop several times, and moreover, binance increase is not even as a result of pump, but they are just growing naturally in value because of their project that is working and being used by so many people.

People use binance a lot for so many of their products, some of them is to have access to IEO, their chain and many more. So I really don’t see binance crashing anytime soon because they already have the trust of many users that will stick with them forever, provided they are still functioning.

Yes. It's common to see prices rise and fall across the crypto market, because of the volatility inherent within most cryptocurrencies. This applies to Binance Coin as well, although being an exchange coin, it experiences a greater number of pumps across the market than other coins. Given how useful the cryptocurrency is within the Binance exchange, I'd say that it'll be highly demanded by people within the long term.

Since Binance exchange is one of the biggest (if not the biggest) crypto exchanges in the world, it's trusted by many individuals worldwide. Perhaps, that's the reason why its internal token of BNB is among the top 10 cryptocurrencies by market cap. Most recently, Binance has launched "Binance Chain" along with a decentralized exchange named "Binance DEX". Considering that this prominent crypto business is growing at a fast pace within a short amount of time, it seems to be too big to fail right now.

Nonetheless, I believe that Binance Coin will continue to increase in price over time as it has a lot of utility compared with most altcoins on the market today. At times, there will be price corrections, but it'll always be in a positive uptrend in price because of the many reasons stated earlier. Additionally, Binance burns a certain amount of BNB over time, which contributes towards the value of the coin over time. Hence, Binance Coin might not fail but rather survive within the crypto market for as long as crypto exists (unless Binance falls altogether). Just my thoughts Grin
legendary
Activity: 2338
Merit: 1124
I think binance is not going to drop anywhere. It may have some small drops and so forth but its going to be increasing in value as long as we have binance. If something happens to binance one day and it gets hacked so much that this time they have to close the exchange and what not, then yeah we can totally see BNB dropping to 1 satoshi and even more.

However, until that happens binance exists and bnb is its coin and everyone will be using BNB for a while and that will increase the value constantly. They burn BNB too which means there are more people using it everyday but less BNB existing as well which is perfect for a long term investment. I am not biased because I have no BNB in my account (just couple bucks from affiliates) so I am not saying this because I am some big BNB investor or something.
The small drop we have seen is very common this time that the market is more volatile, most coins always has correction when the pump in value and even bitcoin too do have drop several times, and moreover, binance increase is not even as a result of pump, but they are just growing naturally in value because of their project that is working and being used by so many people.

People use binance a lot for so many of their products, some of them is to have access to IEO, their chain and many more. So I really don’t see binance crashing anytime soon because they already have the trust of many users that will stick with them forever, provided they are still functioning.
jr. member
Activity: 868
Merit: 2
Binance is already fine. The exchange continues to gain momentum and actively continues to develop. BNB continues to grow and already raised the mark in $ 32.  Around the coin again created a stir. So that Binance Coin will continue to please us.
full member
Activity: 812
Merit: 100
The market made a good upward movement and reached ATH . We have a resistance zone between 24.00 and 25.00 levels and the 1st attempt to pass this zone. More likely that the price will bounce and correct the previous movement. It will be logical if we can use this word and this market together. For confirmation of the price reversal we need to wait for the close price of the daily candle. If it is below 24.00 level and the bearish candle is strong, we will get the 1st signal confirming the bouncing from the resistance.

RSI is going to confirm the price reversal in the overbought zone. MACD histogram and in some timelines will be able to support a possible downward movement. The market looks overbought and the downward movement in the medium term will be a logical movement in the bullish structure.

The Binance coin performance is good because the coin has much demands.
Demands comes from IEO that launched in Binance platform, making investors who want to join their IEO buying BNB coin to be eligible.+
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