Binance Coin - Not Far From The Falling

[StatesManG]

Well I love your analysis about the binance coin BNB but I strongly doubt that it willbe falling as you've speculated. Looking at the demands of BNB it's attracting more attention everyday and both big and small investors are moving in. My only concern is the whales

[Little_king]

Bnb is one of the strong project and it has really perform this year with its ideology but I think is over due for correction but seems not heading toward dump has it has refuse to downtrend even if it does in some days then we see sudden surge again which I think is due to the market and lot of shilling.

[Fredomago]

There is no reason for BNB dump. Margin trading is going to be launched, that will bring more clients to Binance and also more people who use BNB token.

With how traders appreciate how binance works, this margin trading can again be another attracting offer for investors to trade inside this exchange
and with the benefits that the site gives to those who will use their tokens, it can be another turning points to rise more, future will bring the results
of this offers.

[redsun114]

here that is difficult to guess the project is strong and stable it for the last 1.5 years that they showed us was on the 1st place for the correction(as never happened) and only grew,and the fact that he now is at its Peak,but like the current starts rising market,so it is very difficult to say where it will go!

I think it is not bad right now and has been gaining some good value lately in the crypto market. They call it the ETH of 2017 and it is not low or down which is why it has had a great demand in the market. I see it rising in future. So of course it is gonna go up and above the $100 value in next few weeks or maybe months but of course a price prediction is not easy.

[Alpha0One1]

I think BNB token will still have more value to grow in the future due to BNB burning and utility within the Binance ecosystem.
As long they maintain their standing within the top 3 exchange.

[maxreish]

BNB is worth to invest. I can assure that. A few months, I've been trading this coin and so far I am gaining enough profits from it. The hacking issues is not a hindrance for it's price to fall. Especially now I've heard that they  are planning to open margin trading. In line with this, we could expect the price increase of BNB coin.

[madfox11]

CZ is a very brilliant manager, if binance continues to be one of the largest exchanges then Binance coin can reach even $100 but currently I'm bearish until 0,00365 target (BNB/BTC), and this big drop may be the beginning of a much deeper correction.

[A L I E N]

I will disagree. BNB has got millions of chances to stay in the list of the top-rated cryptocurrencies. Binance Coin will grow further. If it falls, it is a temporary event. It will be gaining and reach $50 at least this year.

[Abiky]

It will go as high as $100 or even double it as the bullish trend continues.

One of the most popular coins in the market and the most profitable coin in the market thus far.
That's the kind of success BNB are enjoying right now and that is very attractive for investors.

If your prediction is $100, I think that's still conservative, and that would make you very profitable, I have confident on this coin, it's gonna pump more.

Without a doubt, Binance Coin could reach $100 and more if the market continues on a bullish trend. It seems that Binance exchange is pumping this cryptocurrency, resulting in a massive increase in price. Of course, the cryptocurrency itself has high demand and usability as it can be used for many things within Binance exchange. Compared to other cryptocurrencies on the market, BNB has real utility which is not based purely on speculation.

The only risk here though, is that if Binance fails, then Binance Coin will fail altogether. We've seen how hacks have affected centralized exchanges one way or the other. If a hacker successfully steals all of the coins within this exchange, then it will go bankrupt, resulting in the downtrend of BNB's price. Still, if Binance takes security into consideration, then it may last for a very long time.

With the release of the new Binance DEX (decentralized exchange), it's hoped that Binance would become highly secure against attacks and censorship-resistant. The Binance Coin will be the native token of Binance Chain (propietary Blockchain of Binance), which will experience greater demand over the long term.

Nonetheless, Binance Coin along with KuCoin Shares are good exchange-based coins that will continue to rise in price across the crypto market over time. Just my thoughts

[hohuan101]

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.

I think all your predictions are wrong. Currently BNB is still growing strongly. It is impossible to have a good development project but its coin value is reduced. For BNB (top 1 exchange), it is not possible.

[shoreno]

-snip-

I think all your predictions are wrong. Currently BNB is still growing strongly. It is impossible to have a good development project but its coin value is reduced. For BNB (top 1 exchange), it is not possible.

Why call prediction a prediction if its accurate enough ? You once said that bnb is growing strong but you also said that its impossible for it to have a good development ?  How come when its value is already the evidence that bnb is developing verry good . bnb is backed by binance and we all know how powerful/influencial binance is , so nothing is impossible for their coin bnb to compete with other top rated coins  .

[rez303]

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.

haha, right now the price of BNB has reached nearly $ 32 after terrible price increases. although you talk about the level of technical analysis is quite convincing but everything has gone exactly the opposite.
This is also one of the reasons why I did not study and did not learn much about technical analysis. It really doesn't guarantee me the win.

[cahbagus555]

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.

haha, right now the price of BNB has reached nearly $ 32 after terrible price increases. although you talk about the level of technical analysis is quite convincing but everything has gone exactly the opposite.
This is also one of the reasons why I did not study and did not learn much about technical analysis. It really doesn't guarantee me the win.

When others coin drop againts bitcoin, only few coin can survive and increase the price againts bitcoin and BNB Coin is one of them. I think BNB is solid investment for the future and if DEX success, it could be top 5 coinmarketcap

[justspare]

Bnb coin is far from falling as I can tell ,many believe it will fall after reaching its ATH but to me it will keep nailing it ,with IEO doing well on binance exchange I think bnb token is just getting started

I don’t know why the OP chooses to use the word fall because I don’t see anything falling Binance coin, yes we know that people will not always hold on to their investment for life and there will be a point in life where the need to take profit arises which is absolutely going to happen, and when this happen, we will see a price drop in the price of BNB.

The good thing about binance coin is that no matter the dump, the coin can never fall, because binance is already rooted in well-established projects and a corresponding working product that will always see to the increase in price of BNB no matter the price drop it may experience shortly.

[puertorikosena]

Currently, the BNB is in local correction. But in general, the trend is up. It is worth considering that this asset is a very good investment, since the Binance Exchange offers bonuses and all sorts of exclusive offers for holders of these coins.

[fullhdpixel]

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.

haha, right now the price of BNB has reached nearly $ 32 after terrible price increases. although you talk about the level of technical analysis is quite convincing but everything has gone exactly the opposite.
This is also one of the reasons why I did not study and did not learn much about technical analysis. It really doesn't guarantee me the win.

When others coin drop againts bitcoin, only few coin can survive and increase the price againts bitcoin and BNB Coin is one of them. I think BNB is solid investment for the future and if DEX success, it could be top 5 coinmarketcap

In fact, without the DEX, I believe that on the next 2 years, they will be the 2nd best coin because of the very solid projects they already have and I learnt that more plans are still yet to be executed which one of them is the DEX you mentioned.

I honestly don’t see anything falling Binance and the only thing that can destabilize Binance is if their CEO dies or their top developers which I don’t ever see that happening, as long as they are still alive and healthy, the rest is a minor thing. Let’s us watch out for their very big boom soon , if all this products of theirs that are all active comes together and work for its greater good, and the very best of them will be this IEO.

[Abiky]

Currently, the BNB is in local correction. But in general, the trend is up. It is worth considering that this asset is a very good investment, since the Binance Exchange offers bonuses and all sorts of exclusive offers for holders of these coins.

Exactly. Binance is the biggest crypto exchange in the world nowadays. It's no wonder why its BNB token is on a good trend, while other cryptocurrencies are stagnant in price across the market. The bonuses, and discounts offered by Binance for hodlers of BNB, makes the token a highly demanded one within the mainstream world. Other exchange-based tokens/cryptocurrencies like KuCoin Shares, had been on an uptrend across the market but not in the same way as BNB.

Considering how prominent Binance exchange is nowadays, the BNB token seems to be too big to fail. Now that Binance has created a decentralized exchange, I believe that demand for the BNB token will be greater than it was before. Hence, it could reach prices above $150 in the not-so-distant future. Just my thoughts

[r32godzilla]

Since April Binance Coin showed probably the best progress among cryptocurrencies. Your predicton was totally wrong and you caused a damage to people that followed your ideas, those who sold BNB coins. Thats why I do not post any predictions because you never know what happen.

[btcsmlcmnr]

Since April Binance Coin showed probably the best progress among cryptocurrencies. Your predicton was totally wrong and you caused a damage to people that followed your ideas, those who sold BNB coins. Thats why I do not post any predictions because you never know what happen.

It is fact, and no one can deny such fact, but it is time for us to remember famous statement of Warren Buffet. I think we should start to seriously think of risks when investing in Binance coin during those days. I don't say that you won't be able to earn profits if you buy Binance coin now, tomorrow, or some days later; but I think if you focus on risk-benefit leverage, it might be better to stay away from Binance coin. I believe that we can have better price to buy Binance coin months later.   

[dipeco]

I have absolutely no doubts that BNB will fall to 20 bucks or lower, because they are raising already for several months, and unfortunately no coin can show the positive trend the whole time. But after a quick fall, they will raise again for sure.