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Topic: Is BNB is at it's peak price? - page 2. (Read 1924 times)

legendary
Activity: 2338
Merit: 1838
Leading Crypto Sports Betting & Casino Platform
May 25, 2021, 07:46:21 PM
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I can consider BNB a currency with the greatest recovery and among the winners, since it has recovered the price to more than 300usd, this gives more confidence to investors, and it is noted that the effort of the bulls is giving results, in this analysis at 4 hours it is you can observe this interesting analysis:


Quote
With Ethereum showing making inroads towards a speedy recovery, Binance Coin latched on to positive sentiment and regained the region above $300. On the 4-hour timeframe, BNB targeted a rise above its 50-SMA (yellow)- a development that could culminate into a 26% rally towards $485. An extremely bullish outcome could see gains all the way up to $542 and 200-SMA (green), although this would be a gradual increase. On the other hand, pullbacks can be countered around $300.
Source: https://ambcrypto.com/ethereum-binance-coin-bitcoin-cash-price-analysis-25-may/

I think that BNB is a currency that has increased its degree of survival, for me it is one of the safest currencies that exist, after ETH, Monero, because it represents solidity, it has a very reliable CEO who responds to all risk circumstances.
hero member
Activity: 1344
Merit: 537
Crypto Casino & Sportsbook
May 23, 2021, 07:41:24 PM
Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

hold !! This is a natural thing if the price of BNB is down (correction), because not only BNB, but the market is correcting, so of course all cryptocurrency prices are down, therefore my advice is never to panic sell when the price is down, because I am sure that in the near future the market will definitely start to increase again, so the price of BNB will also increase and of course you will definitely get your profit back or even bigger than before.

I still didn't think that BNB will drop so much at all. Compared to other coins it is backed by a functioning business model that generates so much revenue, yet we just saw a massive decline. It should still be well positioned to get back on track I suppose.

They have very good foundation so once the market is up again, they can easily increase their price. They are not just like those meme tokens or crap coins that may have short lifespan. BNB has solid business to begin with. So they can survive long in this market and since they are still considered to be the top exchange, there are so many things that they can still achieve. The BSC network is just starting to accumulate projects. I think, they will achieve a new ATH in the future, one should just keep it on their portfolio if they can hold onto it.

That is beyond doubt, but I didn't think they would lose as much value at all just because they have the business backing up their token. They should have been more stable compared to other coins who don't have a business in the background.
full member
Activity: 548
Merit: 107
May 23, 2021, 01:26:37 PM
Expecting it to be back soon, once we have some stability with bitcoin and starts to rise, BNB will be one of the tp gainers in recovery and will move upwards quickly. So just waiting now and if it drops a bit more will buy again. Such opportunity does not comes too often where you can get at a deep discount.
When market condition is a bleeding, the opportunity to get a discount is even greater. This dump that occurred at the end of May provided a great opportunity for traders to get coin at low prices. As has happened before, every price decline in the market is always decorated by a strong pump. My assumption is that the bleeding that occurs at this time will not last long, Next we will see Bitcoin and Altcoins returning to a higher price.

Over 1 trillion marketcap just go away, situation is not as good to make any assumption. I bough BNB at around $290 but now it's trading below $230 and likely to below $200. I hope and believe BNB will down more so we can buy more. Lots of FUD in the air, previously I thought maximum can Dip around 280 to 290 but I was wrong.
member
Activity: 517
Merit: 10
May 23, 2021, 01:10:10 PM
It enjoys various benefits from being the main line trade that undertakings pursue to be recorded on, it has an awesome relative benefit over numerous decision altcoins like Ethereum. Recently more IEO is beginning the trade requesting a specific measure of BNB hanging on the trade to permit financial backers support in the contribution on the trade, consequently high buy and siphon of BNB.
hero member
Activity: 2072
Merit: 739
May 23, 2021, 11:19:48 AM
Expecting it to be back soon, once we have some stability with bitcoin and starts to rise, BNB will be one of the tp gainers in recovery and will move upwards quickly. So just waiting now and if it drops a bit more will buy again. Such opportunity does not comes too often where you can get at a deep discount.
When market condition is a bleeding, the opportunity to get a discount is even greater. This dump that occurred at the end of May provided a great opportunity for traders to get coin at low prices. As has happened before, every price decline in the market is always decorated by a strong pump. My assumption is that the bleeding that occurs at this time will not last long, Next we will see Bitcoin and Altcoins returning to a higher price.
member
Activity: 686
Merit: 26
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May 23, 2021, 01:25:08 AM
Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

hold !! This is a natural thing if the price of BNB is down (correction), because not only BNB, but the market is correcting, so of course all cryptocurrency prices are down, therefore my advice is never to panic sell when the price is down, because I am sure that in the near future the market will definitely start to increase again, so the price of BNB will also increase and of course you will definitely get your profit back or even bigger than before.

I still didn't think that BNB will drop so much at all. Compared to other coins it is backed by a functioning business model that generates so much revenue, yet we just saw a massive decline. It should still be well positioned to get back on track I suppose.

Expecting it to be back soon, once we have some stability with bitcoin and starts to rise, BNB will be one of the tp gainers in recovery and will move upwards quickly. So just waiting now and if it drops a bit more will buy again. Such opportunity does not comes too often where you can get at a deep discount.
member
Activity: 949
Merit: 48
May 23, 2021, 01:11:41 AM
Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

hold !! This is a natural thing if the price of BNB is down (correction), because not only BNB, but the market is correcting, so of course all cryptocurrency prices are down, therefore my advice is never to panic sell when the price is down, because I am sure that in the near future the market will definitely start to increase again, so the price of BNB will also increase and of course you will definitely get your profit back or even bigger than before.

I still didn't think that BNB will drop so much at all. Compared to other coins it is backed by a functioning business model that generates so much revenue, yet we just saw a massive decline. It should still be well positioned to get back on track I suppose.

They have very good foundation so once the market is up again, they can easily increase their price. They are not just like those meme tokens or crap coins that may have short lifespan. BNB has solid business to begin with. So they can survive long in this market and since they are still considered to be the top exchange, there are so many things that they can still achieve. The BSC network is just starting to accumulate projects. I think, they will achieve a new ATH in the future, one should just keep it on their portfolio if they can hold onto it.
I agree on that matter BNB is now 295 dollars so it drops a big percent of its price since the last time it reach 500$ but i know that if bitcoin rise bnb will soon also rise because BNB is very well known and it is now usable because of the high rd fee in ethereum network some traders and invetors really used binance to less the tx fee.
sr. member
Activity: 1988
Merit: 275
May 22, 2021, 07:29:36 PM
Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

hold !! This is a natural thing if the price of BNB is down (correction), because not only BNB, but the market is correcting, so of course all cryptocurrency prices are down, therefore my advice is never to panic sell when the price is down, because I am sure that in the near future the market will definitely start to increase again, so the price of BNB will also increase and of course you will definitely get your profit back or even bigger than before.

I still didn't think that BNB will drop so much at all. Compared to other coins it is backed by a functioning business model that generates so much revenue, yet we just saw a massive decline. It should still be well positioned to get back on track I suppose.

They have very good foundation so once the market is up again, they can easily increase their price. They are not just like those meme tokens or crap coins that may have short lifespan. BNB has solid business to begin with. So they can survive long in this market and since they are still considered to be the top exchange, there are so many things that they can still achieve. The BSC network is just starting to accumulate projects. I think, they will achieve a new ATH in the future, one should just keep it on their portfolio if they can hold onto it.
hero member
Activity: 1344
Merit: 537
Crypto Casino & Sportsbook
May 22, 2021, 07:25:58 PM
Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

hold !! This is a natural thing if the price of BNB is down (correction), because not only BNB, but the market is correcting, so of course all cryptocurrency prices are down, therefore my advice is never to panic sell when the price is down, because I am sure that in the near future the market will definitely start to increase again, so the price of BNB will also increase and of course you will definitely get your profit back or even bigger than before.

I still didn't think that BNB will drop so much at all. Compared to other coins it is backed by a functioning business model that generates so much revenue, yet we just saw a massive decline. It should still be well positioned to get back on track I suppose.
full member
Activity: 1470
Merit: 105
👉bit.ly/3QXp3oh |🔥Launchpad on TON
May 22, 2021, 06:25:03 PM
Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

hold !! This is a natural thing if the price of BNB is down (correction), because not only BNB, but the market is correcting, so of course all cryptocurrency prices are down, therefore my advice is never to panic sell when the price is down, because I am sure that in the near future the market will definitely start to increase again, so the price of BNB will also increase and of course you will definitely get your profit back or even bigger than before.
hero member
Activity: 1820
Merit: 966
In Search of Incredible
May 22, 2021, 03:02:49 PM

Well, BNB got the popularity for the binance trading platform and for the DeFi projects which launched on binance smart chain network. Two weeks ago BNB price reached nearly $700 but the recent market crash put it down. Perhaps, BNB would reach $1k within this month or next month if there wasn't any bad news related to crypto market. BNB wasn't at it's peak price while it was around $500. And I also believe that the recent ATH wasn't the peak point as well. BNB price will reach at more higher mark within this year.
sr. member
Activity: 1526
Merit: 420
May 22, 2021, 01:45:06 PM
I believe that BNB is likely to $1k this year no doubt. Binance smartchain’s growing demand and the exchange influence are the key factors that is pushing toward its growth. Binance is one of the fastest growing company in the space with strong support from their community and with its competent team nothing is impossible.
legendary
Activity: 2338
Merit: 1838
Leading Crypto Sports Betting & Casino Platform
May 22, 2021, 03:29:00 AM
Due to the BTC FUD, the market in general was falling, but BNB has remained there resisting the small storm, in this case BTC is recovering, and it is normal that BNB begins its recovery in view of a new price level, at 700usd, maybe a new ATH will be generated if BTC goes into a bullish trend, however this analyst thinks the following:


Quote
Bulls are trying to come back to the area around $640. If they can do it, the new peak at $700 should be attained soon.
Source: https://u.today/btc-eth-xrp-ada-and-bnb-price-analysis-for-may-14

The good thing about BNB is that it is under the control of a centralized exchange that has a very good reputation, although it now has a following in the US, I think this can be an incentive for it to continue growing.

You seem to be taking care of us with all your analyses and comments on it! Wink

Concerning BNB I do think the same way as you do. The centralized business backing it and being the biggest exchange is strong point for BNB. What I don't know is whether the current value is still in line with their actual bottom line. Do they publish numbers?

So far I have not seen the numbers, but what you have to be careful for now is extreme care, you have to take into account two things:

1.- BTC is moving towards a recovery, it has risen by + 9.5%.
2.- Normally when BTC starts to rise the alts stagnate a bit, they can go down, you just have to wait.
3.- If the uptrend of BTC is confirmed, it is very likely that the price of BNB will start to grow.

For now many buy in the fall, because they know that it will rise, what is difficult to predict is how long its recovery will take place.
legendary
Activity: 2338
Merit: 1838
Leading Crypto Sports Betting & Casino Platform
May 21, 2021, 01:05:06 AM
BNB is having a clear and sustained recovery, but I think that the BNB bulls are doing everything with more restraint, since they know that if BTC falls again BNB will fall again to stronger levels or difficult to recover, the technical fundamentals for now I support in what this trader thinks:



Quote
If we look at the BNBUSDT chart today, you can see that buyers managed to close the bodies of two 12h candlesticks within the channel, and the lower shadows indicate liquidations.
This arrangement makes it possible to assume that the price BNBUSDT will bounce up to $480 in the near future, and then it will be necessary to closely monitor the behavior of the price and the general situation on the market.

After all, further, the price behavior around the $400 level will again be decisive.
If sellers are able to keep this level, then the way will open for growth again to $680
Source: https://www.tradingview.com/chart/BNBUSDT/S2960CBO-BNB-12h-Action-Plan-for-the-coming-weeks/

If all goes well for BTC, BNB will have its rise to 680USD, it would be great because it would be consolidating itself as one of the best and most winning coins on the market.
member
Activity: 588
Merit: 10
-ethernity cloud-
May 20, 2021, 06:00:07 AM
Well, the peak price is over, so this is the right time to invest more on binance coin, because the price dropped half of its peak price. If we invest now we can get more profit when bull run happening especially for binance.
jr. member
Activity: 33
Merit: 1
May 20, 2021, 04:32:24 AM
I think in the next few years we should expect BNB to lineup below ETH or BTC. It can be
#1 BTC
#2 ETH
#3 BNB

or
#1 ETH
#2 BTC
#3 BNB


legendary
Activity: 2338
Merit: 1838
Leading Crypto Sports Betting & Casino Platform
May 19, 2021, 06:58:05 PM
I consider BNB one of the best cryptocurrencies, in this case the price of BTC has fallen a lot, the causes can be diverse, but I think that this time the FUD has been able to do more, however BNB that was on the way to being one of the most winners this time it has suffered, falling by 30%:



Quote
Binance Coin (BNB) is not an exception to the rule as it has also bounced off its support zone at $260. At the moment, BNB might keep growing as it is already oversold on the daily time frame. A rise to $480 may happen shortly.

Source: https://u.today/btc-eth-xrp-ada-and-bnb-price-analysis-for-may-19

It is an ideal time for those who have BNB to be cautious and not sell everything, since most of the altcoins have suffered, it is normal, the market can recover at any time.
full member
Activity: 2338
Merit: 196
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May 19, 2021, 06:33:40 AM
Bnb is very pricy at this time, I expect lots of correction this year! Pancake actually brought lots of value to bnb and the fact that bnb always burn it's supply help in adding value to it's price. Many dev actually do not trust binance network since all the nodes on it is alledgedly own by CZ! When bitcoin correct heavily, bnb will really fall in value!
well the correction is happening if you did not noticed since days ago.

for the first time price of Bitcoin fell down again in 30,000$ level, way far low from the previous prices.

so basically this will be the correction that you are waiting if you really wanted to invest in binance .

but if you are just flooding here then forget everything that i said lol.
full member
Activity: 770
Merit: 101
fLibero.financial
May 19, 2021, 05:29:09 AM
Bnb is very pricy at this time, I expect lots of correction this year! Pancake actually brought lots of value to bnb and the fact that bnb always burn it's supply help in adding value to it's price. Many dev actually do not trust binance network since all the nodes on it is alledgedly own by CZ! When bitcoin correct heavily, bnb will really fall in value!
full member
Activity: 461
Merit: 100
May 18, 2021, 03:21:32 PM
BNB market price is on dump right now that is something we should take an advantage. BNB is really a potential coin, it is just happen that the market right now is on consolidation that is why we should take that dip and TP when the market slowly taking progress and recovers.
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