BNB price analysis (daily update)

[Sophie Robert]

Binance Coin price analysis 20 Feb 2023

On the 24-hour candlestick chart for Binance Coin price analysis, price can be seen forming almost a horizontal trend since being rejected around the $330 resistance.
Since falling to 42.47 within the oversold range over the preceding 24-48 hours, the 24-hour Relative Strength Index (RSI) has been developing a small uptick. The price of BNB may aim for the $330 resistance over the present trend because the RSI indicates that there is positive market interest in the stock.

Latest Updates !
BNB coin uses an Auto-Burn system to reduce its total supply to 100,000,000 BNB. The BNB Auto-Burn mechanism adjusts the amount of BNB to be burned based on BNB’s price and the number of blocks generated on BNB Smart Chain (BSC) during the adjusted time period.
The latest Tweet by Binance Coin states, 'We recently hosted a #Binance meet-up in El Salvador, the first nation to adopt Bitcoin as legal tender! In addition to networking and fun activities, we gave the Salvadorean community an opportunity to learn all about our products and services'.

If the upgrades of the network manage to push the price action. Then we can expect the Binance coin price prediction according to coinpedia to rally to $340.65 by the end of 2023. In contrast, it may hover around $285.17, if any negative sentiments continue to prevail over the months. That said, the average price might settle at $313.65.

[Decora50]

The price of Bitcoin is always up and down so you can see the price of Bitcoin constantly changing. Lots of traders trading volume 139.5 volume in 24 hours.

[Spyroo]

The price of Bitcoin is always up and down so you can see the price of Bitcoin constantly changing. Lots of traders trading volume 139.5 volume in 24 hours.

I don't understand whether you are an ass or not.Here is the thread opened for BNB Coin Price Analysis and you are talking about Bitcoin Price Analysis here.Before posting one should read carefully what is asked and answer correctly otherwise feel free to refrain from posting.

[Cheema02]

The price of Bitcoin is always up and down so you can see the price of Bitcoin constantly changing. Lots of traders trading volume 139.5 volume in 24 hours.

BNB recently saw a notable 17.96% increase over a week, trading at $315 and followed by a minor 1.66% decline in a single day. It is ranked 4th in the market with a market capitalization of $47.8 billion and a circulation supply of 151.7 million coins. It is 327,817% above its lowest point and 54% below its all-time high. Kraken, Kucoin, and Binance are still operational BNB exchanges. Use hardware wallets like Trezor or Ledger to protect your cryptocurrency for increased security. details

[Kitme]

Lot of altcoins has started to pump but BNB is still in accumulation range if you want to invest in BNB this is the right time because it has break out from HTF so coming week we will see a big green candles today BNB price is $320 past 30days price up +40%.

[bitterguy28]

Binance Coin (BNB) is the top gainer today. The rate of the native exchange token has increased by 2%.

BNB/USD chart by TradingView
Binance Coin (BNB) has broken the resistance at $282, having confirmed the bullish trend. However, at the moment, the asset needs to accumulate some time in the range of $300-$320 to keep the growth.

Binance Coin is trading at $293 at press time.
source

so with this movement now as it is sitting at 318$ as I typing this means Binance is already in the bullish moment and have finally step out the bear of the recent issues from US Security and Exchange Commissions ? https://coinmarketcap.com/currencies/bnb/  this is how the market shows now and for me I am more than confident that we will be seeing more of this greens in the coming days.

[Cheema02]

Binance Coin (BNB) is the top gainer today. The rate of the native exchange token has increased by 2%.

BNB/USD chart by TradingView
Binance Coin (BNB) has broken the resistance at $282, having confirmed the bullish trend. However, at the moment, the asset needs to accumulate some time in the range of $300-$320 to keep the growth.

Binance Coin is trading at $293 at press time.
source

The BNB daily price update is, BNB is currently trading at $317 with a 24-hour trading volume of $1,744,206,043. According to coingecko indicates a price loss of -1.09% over the last day and -0.50% over the last 7 days. I think Bnb is trading now With 150 million BNB in circulation supply in the crypto market. https://www.coingecko.com/en/coins/bnb

[Papusha20]

BNB Coin price was very high in the past but currently BNB Coin price is moving lower as all markets are down. BNB coin price is very bullish at the moment BNB coin price was below $200 in 2023, from there BNB coin price is currently $302. Binance exchange is the highest cryptocurrency exchange with the highest price of this coin. And the trading volume of BNB coins is at an all time high. BNB is good enough to invest, its future is very good and safe so many investors have invested their wealth here. It is very likely that the price of BNB coin will increase to 1000 dollars in the future.

[armanda90]

BNB Coin price was very high in the past but currently BNB Coin price is moving lower as all markets are down. BNB coin price is very bullish at the moment BNB coin price was below $200 in 2023, from there BNB coin price is currently $302. Binance exchange is the highest cryptocurrency exchange with the highest price of this coin. And the trading volume of BNB coins is at an all time high. BNB is good enough to invest, its future is very good and safe so many investors have invested their wealth here. It is very likely that the price of BNB coin will increase to 1000 dollars in the future.

Last several months BNB dropped drastically until $200 but have faster recovery until today return above $312 and seems stable price above $300 in this month. I think BNB easily recovery to higher price after several months launching new launchpool almost three launchpool in one month. Its seems very effective make BNB easily raise to higher price and I believe for next month if any new launchpool will make BNB stable above $350.
No doubt with BNB is very worth and profitable for investing right now and become long term holding, I have ideas with 1 BNB every week and stake it for participating in launchpool until BNB raise new highest price.

[lepbagong]

BNB Coin price was very high in the past but currently BNB Coin price is moving lower as all markets are down. BNB coin price is very bullish at the moment BNB coin price was below $200 in 2023, from there BNB coin price is currently $302. Binance exchange is the highest cryptocurrency exchange with the highest price of this coin. And the trading volume of BNB coins is at an all time high. BNB is good enough to invest, its future is very good and safe so many investors have invested their wealth here. It is very likely that the price of BNB coin will increase to 1000 dollars in the future.

That's right, if we look at the ATH [$686.31] made in 2021, BNB gave a tremendous surprise before reaching it, because at the beginning of January 2021, the price was still just below $50, and within a few months, it increased sharply.


Graphics Th 2021 ;

 
In the middle of last year, due to the growing Binance issue, BNB was corrected before finally being able to increase again because of investor and public trust in Binance.


Graphics Th 2023;

 
I really agree with you, friend, that BNB is very trustworthy and worthy of being a very attractive investment. Maybe $1000 will be achieved by the end of this year, and next year it will create a renewable ATH.​

[Bitcoin_people]

BNB had a big fall in the market a few days ago and its price went down a lot. After staying in one position for a long time these coins have increased a lot along with Bitcoin and currently BNB it's very bullish. BNB is currently priced at $350+ and the price of this coin is expected to change more in the coming days so it is a good coin to invest in.

[pacar_tiri]

BNB had a big fall in the market a few days ago and its price went down a lot. After staying in one position for a long time these coins have increased a lot along with Bitcoin and currently BNB it's very bullish. BNB is currently priced at $350+ and the price of this coin is expected to change more in the coming days so it is a good coin to invest in.

BNB will become more expensive, there are many developments on the Binance exchange, such as holding a launchpad which is only specifically for those who have large amounts of BNB who can contribute to the Launchpad, so Binance must continue to ensure that the coins it owns remain in high demand to maintain the price of BNB.