Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Binance Smart Chain + Ecosystem => Binance Coin (BNB) => Topic started by: AMANPURI OFFICIAL INDONESIA on April 07, 2019, 04:16:08 PM
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(https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2019/04/Binance-Coin-Trades-for-a-Record-High-Price-as-BNB-Crypto-Token-Sees-Best-15-Month-Value-Point-696x449.jpg)
- BNB/USD crypto-trade has located another range zones within $24 and $16 marks as against the last lower spots.
- The 50-day SMA trend-line could determine an end of an uptrend market condition of this crypto-trade especially while broken downwards.
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BNB/USD Long-term Trend – Ranging
-Distribution territories: $28, $32, $36
-Accumulation territories: $12, $8, $4
In spite of a sudden hike in price that occurred in most of the crypto-trading operations on April 2, the market valuation of BNB/USD still moves in a range until now. The impact of the spike has only made the crypto to locate another range zones within $24 and $16 marks.
The market trend has been keeping in motion along the 14-day SMA indicator slightly to the north direction above the 50-day SMA with a notable small space between them. The Stochastic Oscillators are conjoint at range 60 to signify that the range price movement is still on-going.
The emergence of a bullish shaven candlestick is most needed to be formed against the $24 upper range mark to potentially substantiate the bulls’ returning on a more convincing mote in the market. The 50-day SMA has been the trend-line that could determine an end of an uptrend market condition of this crypto-trade if eventually sees a strong push southward against its $16 lower range point.
source: https://bitcoinexchangeguide.com/binance-coin-price-prediction-long-term-bnb-value-forecast-april-7/
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Probably BNB is rather a long time investment. The fact that it recovered after the Binance hacking this fast is a sign that this coin has strong support and will probably keep on rising. Many experts believe that the coin will be big this year, you can read about it here: https://changelly.com/blog/binance-coin-price-prediction-2019/
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Then I choose for this is an estimate and we can not take the right price from the prediction of Binance coins.
Just look at the Binance price of 154 USD and this thread is made when the Binance price is around 16 USD and for those who HodL from the price of 16 USD then it is definitely now a millionaire because of the increase of more than 500%.
This is the effect of Binance which is often burnt to reduce the capacity of these coins to be small and turn out to be expensive.
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Coins that are created for exchange are supposed to and should be owned for the long term.
I see this as something valuable for our assets in the future.
But remember, when Bull Run happens, we have to sell it so we can profit and we take it back when there is a Bearish.
Same only with Coin Binance, because this is the basic trick in trading Binance coins.
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It is not attached to Binance coins either because coins themselves such as KuCoin Shares and Hupbi Token also have very good price increases.
I cannot make this an advantage over the tokens made by the exchange but this is whether or not the exchange should use the token as a perfect use in the future.
And sometimes there are also tokens from exchanges that have no value due to less and less developed usage, such as Tokenomy (TEN).
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Coins that are created on crypto exchanges is for long term holdings. Today binance BNB price is still in 19$ price. Even Bitcoin price crash bnb had only 2$ price crash more than 1%. This is the power of bnb. So obviously investors should hold exchange official coin/token.
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BNB showing as $23.07 a 18.94% increase today.
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My price comment for BNB is:
The $ 21 level is important for BNBIf it is continued to stay above this level, I think the price can move up to $ 24.
Although I think that there may be a purchase opportunity for BNB for now, if the resistance cannot be broken, it can be reduced to $ 19 again.
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BNB has good prospects for the long term, we know Binance has a large community and is always innovating. BNB is good for holders, price can increase more
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Binance is a good investment coin and it is worthy to long term investment. I already invested some Binance from binancechain exchange platform.
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When we look a little different,If you ask which 3 projects are the most robust in the market, I will give the following answer.
1)BTC
2)ETH
3)BNB (BNB must always be in the bag.- When it was $ 10, I was sorry that I couldn't get it. Looking now
It has a price of around $ 20.)
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Predictions are still predictions and will be a mystery for the price that is determined in the future because we will not know when the price we guessed for Binance coin will be reached exactly.
When you reply to the post this thread turns out to be true Binance costs around 20 USD and now Binance costs around 28 USD.
I also can't predict that Binance coins might be All Time High that will also reach 60 USD for 1 Binance coin. 8)
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As you say these are predictions or perhaps hopes that the coin will reach in the near future. Supply and demand will always set the price of any coin.