Binance Coin - Not Far From The Falling

[sri.bima]

I cannot say that the binance coin price (BNB) will continue to improve or decline and fall. But if we look at its growth to date it shows growth that continues to improve in each week. I myself traded BNB in ​​this month. Currently the price reaches $ 35, amazing isn't it? Don't think about going down, but it's better if it keeps improving.

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[redsun114]

the fact that binance came from a sad news that it was hack it didn't even affect the price.. binance is still a good coin consider/include it in your portfolio

BNB is also going well as it has increased its price from 28 US dollars to 33 US dollars in 1 day which is a good difference. I personally want to invest in such conditions when the market is completely bear one because it is funny enough to make a large collection of coins with certain amount of little money. It costs you less and results in the utmost possible returns when you sell them in complete bulls market.

[andika2018]

I cannot say that the binance coin price (BNB) will continue to improve or decline and fall. But if we look at its growth to date it shows growth that continues to improve in each week. I myself traded BNB in ​​this month. Currently the price reaches $ 35, amazing isn't it? Don't think about going down, but it's better if it keeps improving.

I am prefer hold BNB coin for long term. In my opinion, BNB Coin could following ethereum movement in 2017 and i think BNB Coin could reach $100 end this year. If DEX attract more project to join, i am believe BNB have good potential in the future beside using for binance IEO

[trauchot]

Honestly, it's hard for me to imagine that a binance coin can easily fall to the bottom, of course the price of a binance coin will not always rise and there will be a correction at times, but I think that big players will not let the binance coin fall completely and will constantly support bnb.

[Kencha77]

I think its overbought now from the looks of the market anytime soon binance coin would be falling down since some traders would take some profits from the price hike. Though, the chance of binance coin after the correction would have greater chance to go up again. The large pump on binance coin would either last for 2 days in my opinion then it would be corrected.

[serjent05]

I am prefer hold BNB coin for long term. In my opinion, BNB Coin could following ethereum movement in 2017 and i think BNB Coin could reach $100 end this year. If DEX attract more project to join, i am believe BNB have good potential in the future beside using for binance IEO

It is a good decision for now.  Just make sure that you are well updated regarding news and SEC implementation with regards to exchange  that allow US citizen to use their service and participate in their IEO.
You can read this article about it. https://www.coindesk.com/secs-crypto-czar-says-exchanges-that-list-ieo-tokens-may-face-legal-risks

Honestly, it's hard for me to imagine that a binance coin can easily fall to the bottom, of course the price of a binance coin will not always rise and there will be a correction at times,

It is the same way it is hard to think that Binance can be hacked.  Once SEC take action against exchanges that accept or allow U S citizen to participate in their IEO and have proven that Binance is one of them,.. you know what will be next to BNB coin.

but I think that big players will not let the binance coin fall completely and will constantly support bnb.

Big players can't do anything once authority moves in.

I think its overbought now from the looks of the market anytime soon binance coin would be falling down since some traders would take some profits from the price hike. Though, the chance of binance coin after the correction would have greater chance to go up again. The large pump on binance coin would either last for 2 days in my opinion then it would be corrected.

I also think that Binance is overbought but I doubt that there will be a huge fall on the price, BNB market is greatly manipulated in my POV and CZ won't allow his creation to fall in value.

[carriagehoodlum]

Honestly, it's hard for me to imagine that a binance coin can easily fall to the bottom, of course the price of a binance coin will not always rise and there will be a correction at times, but I think that big players will not let the binance coin fall completely and will constantly support bnb.

we have seen some BNB corrections, in each BNB growth there will be a correction afterwards. but for now with binance events I think BNB will continue to rise in the next few months.

[Mpamaegbu]

Binance Coin is pumped and it is pumped only because of the massive scale advertisement and hype that Binance has been doing over the past couple of months and the fact that their platform (the exchange) has been growing rapidly because the rest of them started scamming their users so they had to move their funds elsewhere.
like any other pumped coins, the bubble has to burst at some point and the price has to drop.

This isn't how to define a pump, and if you think it is then that doesn't fit Binance coin in. A pump is a rapid rise without anything substantial happening that could've made a said coin rise in price. As for BNB, there is a strong driving force towards its demand because of the several successful IEOs that it has executed on its platform where BNB is made a coin of purchase. BNB will continue to rise as long as Binance exchange continues to operate without scandals. I believe BNB can even do over $120 before the end of 2019. It's already at $34+ now.

[wuvdoll]

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.

[H1N1]

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.+

[akela04]

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.

[RealMalatesta]

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.

[Abiky]

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

[FUD Expert]

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.

[hohuan101]

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.

[jrrsparkles]

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.

[ajqjjj]

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.

[GospelCrypto2]

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.

[Pffrt]

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.

[dddudidd]

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.