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3 days ago · The daily exchange rate of BNB (BNB) to PHP fluctuated between a high of ₱33,467 on Monday and a low of ₱30,503 on Thursday in the last 7 days. Within the week, the price of BNB in PHP had the largest 24-hour price movement on Tuesday (5 days ago) by -₱1,621.33 (4.8%). Compare the daily prices of BNB (BNB) in PHP and their 24-hour price ...
DigitalCoinPrice, which uses a combination of technical indicators and historical data, predicts that BNB will reach a high of $654.30 in 2024, with an average price of $586 for the year. Source. TechNewsLeader expects that BNB will reach an average price of $449.90 and a high of $550.45 in 2024. Source.
- Bnb Price Prediction and The Role of Fundamentals
- The Defi Presence of The Binance Coin
- Binance Coin Price Prediction and The Tokenomics
- Bnb Price Prediction and Key Metrics
- Bnb Price Prediction and Technical Analysis
- Binance Coin (BNB) Price Prediction 2023
- Binance Coin (BNB) Price Prediction 2024
- Binance Coin (BNB) Price Prediction 2025
- Binance Coin (BNB) Price Prediction 2030
- Binance Coin (BNB) Long-Term Price Prediction Until The Year 2035
Binance began life as a cryptocurrency exchange in 2017 led by Changpeng Zhao. Over time, the leading CEX introduced a host of offerings, including the Binance Chains and Binance Academy. TheBinance Coin (BNB) was initially an ERC-20 token but eventuallymigrated to the Binance Chain as a BEP-2 token. Here are some of the fundamental utilities that ...
Another reason why the crypto market seems optimistic about BNB is the placement of BSC as the second (currently third) biggest DeFi chain in terms of unlocked TVL. Notice how Pool 2 and even Borrowed coins pushed the BSC TVL to$7.15 billion — or 22.04 million BNB coinsin April 2023. Yes, the DeFi space has simmered down a bit with BSC shedding its...
Before we dive into technical analysis, it is only appropriate to take a closer look at the tokenomicsof the Binance Coin. Here are the key things to take note of: 1. The maximum supply of BNB is capped at200 million. 2. Yet, a quarterly burn mechanism is in play to make the token economics model deflationary over time. The last quarterly burn was ...
As an investor, price volatilityis the first metric you should look at. The 4-week volatility chart suggests that the price of BNB usually moves higher every time the volatility line makes a significant bottom. While the first image is from early April, the latest chart, as of December 20, 2023, shows a flat-lined volatility line. This could be an ...
Our April-March 2023 analysis
We tracked $360 as an important resistance for BNB going deeper into 2023. However, BNB didn’t manage to breach the same, which resulted in a rapid price move. Here is what our analysis comprised: Our BNB technical analysis from March 16, 2023, shows the $360 level clearly marked as an important resistance. As of now, BNBis trading at $324.50, still far from the important resistance level. Let us consider another short-term technical analysis to see if things have changed for the price of BNB...
Our December 2023 analysis
The daily BNB/USD chart shows that BNB, for a while, is trading inside a falling wedge. In the presence of high volume, this could be a bullish pattern, with BNB already attempting a breakout from the upper trendline. However, to move towards the bullish zone, the first key level has to be $274. Now, let us circle back to the weekly chart for pattern identification.
Pattern identification
Notice how BNB makes multiple higher high patterns, denoted by A and B. The corresponding lows are marked N and M, respectively. As of now, we might assume that another A-N-B-M pattern is in existence, with only A2 and N2 levels being formed. The next high could be B2, which might again lead to another low of M2 in the weeks or days to come. Now let us locate the price changes between the intra- and inter-pattern points to get a tentative value of the maximum prices and minimum prices of BNB...
Our BNB price prediction for 2023 was on track but deviated due to global geopolitical concerns and issues related to the Binance ecosystem. However, we are still optimistic about 2024 as the bull market is expected to come with better and more powerful sentiments. Here is more about our 2023 price prediction: We have N2 as the last low on the BNB ...
Outlook: Bullish Keeping the same level of optimism and the traits of a bull market in mind, we can expect the price of BNB to trace the expected path in 2024. From M2, the low in 2023, we can expect the next high or A3 to surface at $668.10. This aligns with a price hike of 160.84% — per the calculations from earlier. We expect this level to surfa...
Outlook: Bullish From N3, the next high, or B3, could again surface at the peak of 160.84% (from earlier). This puts the BNB price for 2025 at $779. The next low could drop as low as $347.20, keeping the 55.35%dip in mind. However, by 2025, we can expect the crypto market to be in a bullish phase, and therefore, the low can surface at a support lev...
Outlook: Bullish The last formed low — in 2025 — might surface at $519.80. From this level, we can expect the new high or A4 to form at $1352.20. This kind of upmove is possible considering the plethora of use cases presented by BNB. With 2025 low and 2026 high in sight, on extrapolation and following the same growth trajectory as before,the rough ...
Outlook: Very bullish Now that we have the maximum and minimum prices of BNB till 2030, we can extrapolate the calculations and projections to create a price prediction model through 2035.
2 days ago · According to the latest data gathered, the current price of BNB is $621.29, and BNB is presently ranked No. 4 in the entire crypto ecosystem. The circulation supply of BNB is $91,693,733,377.53, with a market cap of 147,586,086 BNB. In the past 24 hours, the crypto has increased by $17.58 in its current value.
If the price flips the supply zone, the first target will be $875. This is due to the fact that it lines up with the 1.382 Fibonacci level. Although the USDT chart is always good to look at, it helps to compare BNB with BTC, as ultimately you do not want to be holding an altcoin that is likely not to outperform BTC.
Dec 15, 2023 · The year 2019 saw BNB’s price surge, reaching an all-time high of $39.57 in June. BNB’s performance continued to impress in 2020, with the token experiencing significant price appreciation and reaching a new all-time high of $39.68 in February. Same goes for the best year, 2021, where BNB increased up to $689.
People also ask
How much will BNB cost in 2025?
How much is Binance coin (BNB) worth?
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How much will BNB cost in 2024?
May 16, 2024 · With 153 million coins in circulation, if BNB was priced at $10,000 a coin, the market cap would be over $1.5T, which would make up the vast majority of the current crypto market cap.
