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Author Topic: Binance price prediction for 2020  (Read 979 times)
sazonk
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January 24, 2020, 01:38:05 PM
 #21

In 2019, the price of BNB has risen to $ 40 because of the hype of IEO, and in 2020 I think that the price of BNB will certainly be higher than that because this exchange will continue to provide quality IEO, and the market this year will certainly grow strongly. $ 24 is a very low target for BNB this year, I think it can easily reach this goal in March or April.
I think price of BNB will depend a lot on the next IEO projects at Binance exchange because most investors only buy BNB when there is a new IEO project and this is the reason that will cause BNB to increase in price. In addition, BNB has many functions and can reduce transaction fees if you are a long-time investor at this exchange. I invested this coin last year and made huge profits so this year I hope the BNB price can reach $100 if altcoin season comes back.
I agree with your opinion, BNB will continue to be used and prices will be stable due to IEO which is always held by the binance. We know that the average IEO held by binace always leads to success even though not all too, but for IEO matters, this binance is the home for IEO which indirectly for organizers who want to use IEO services in binance will definitely use binace first and this is what keeps the price of binace stable.
And for the price of binance, I see Binance will keep the price of binates at a stable point, so they don't really want the price of binance to be high.

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January 24, 2020, 02:25:01 PM
 #22

Do you agree?

the question here is only which crystal ball you want to believe more.
or better said, which glass ball the majority of users believe. because that influences the price.
the truth lies somewhere in between Tongue
i think binance is doing a lot right with BNB and the price looks good in the medium term. that's my feeling.

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January 24, 2020, 02:36:15 PM
 #23

If that is true, then I must be a rich person because I have BNB coins in my wallet Grin

I don't want to be naive and expecting a high price for BNB because I realize that sometimes what we expect cannot happen in a short time, and we need to wait for more. If the price can increase, then we are lucky because we can sell the coin at a high price, but if the price does not increase so high, then we should satisfy. At least, we can take the profit because the price can grow more than the price we bought.

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January 24, 2020, 02:45:20 PM
 #24

According to WalletInvestor website, BNB is expected to rise 85% in 2020. The price will reach $24.1 by the end of this year.

TradingBeasts believes binance price will have a slow growth. The price will reach only upto $19.
Oh boy, BNB is closed to hitting $19, and tell you, it just bounce back at $17, we might be able to see it hitting $19 in the next days (hoping so, especially for people not to set their BNB off at $18 'cause there is a great opportunity waiting ahead though). In the span of 1 month BNB just increased by +32.59, looking good, right? If this gradual increase keeps on, we might be able to even surpassed $20 mark.

Quote
CryptoGround, however, believes that BNB will decrease down to $6.4202.

Do you agree?

By when? In the end of the year? Quite a long talk yet possible, who knows?

I agree with your opinion, BNB will continue to be used and prices will be stable due to IEO which is always held by the binance. We know that the average IEO held by binace always leads to success even though not all too, but for IEO matters, this binance is the home for IEO which indirectly for organizers who want to use IEO services in binance will definitely use binace first and this is what keeps the price of binace stable.
And for the price of binance, I see Binance will keep the price of binates at a stable point, so they don't really want the price of binance to be high.


All about IEO, what if people lose their hopes on IEO, and IEO's journey ends, what do you guys think will happen next? Downfall as well? Nah, guys it is a different game. Although it has an impact we should think behind what Binance could offer that people trust (can't think about it right now but it has more than just trust with IEOs).
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January 24, 2020, 02:57:38 PM
 #25

Still holding a wait and see attitude right now. It's kinda confusing at the moment, But I ain't  going to sell my coins any time sooner though. Binance is a well known exchange and pretty much, they have a good path ahead of them. They also take steps ahead so that their coins wouldn't oversupply the market, making the prices fresh and steadily going up. I expect it to reach up to $24 though. Its just an expectation right? But as for investing more, as I said, wait and see attitude.
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January 24, 2020, 03:29:14 PM
 #26

Many predictions about BNB coins are negative, there are also positive ones in the news, I will not deny that because BNB is one of the coins used for IEO in Binance exchange if IEO continues and many projects launch Launchpad in Binance then This BNB coin will also have good potential and not have to worry about it.

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January 24, 2020, 03:44:58 PM
 #27

Binance already had it's time last year wherein it's reached the value of approx $39 during mid of 2019 and then it went through a correction phase. I think $20 - $25 will be an ideal value for BNB and it used to gain value due to it's launchpad projects and complicated procedures like lottery system and all but since users have stopped investing into IEO/ICO BNB cannot stay on top. I don't think it will go back to anything less than $10 ever.

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January 24, 2020, 04:18:58 PM
 #28

BNB is a good play short term, but overall I believe they'll be beaten by real DEX solutions eventually, once people realize their "DEX" is BS.

I'm sure a lot of people will slowly move over to DEX's like the Blocknet DX. https://blockdx.com/ - Which is 100% safe to trade on, as you keep your own private keys with you at all times.

A year or two, and it wouldn't surprise me if influencers starting preaching these DEX's, moving the total trading volume to safer grounds, leaving centralized exchanges with less power than they've got today.

We'll see though Wink
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January 24, 2020, 04:49:59 PM
 #29

BNB is a good play short term, but overall I believe they'll be beaten by real DEX solutions eventually, once people realize their "DEX" is BS.

I'm sure a lot of people will slowly move over to DEX's like the Blocknet DX. https://blockdx.com/ - Which is 100% safe to trade on, as you keep your own private keys with you at all times.

A year or two, and it wouldn't surprise me if influencers starting preaching these DEX's, moving the total trading volume to safer grounds, leaving centralized exchanges with less power than they've got today.

We'll see though Wink

I agree with you that people will move to DEX one day, but that day will not come in next 5 years or maybe more, it's reality. Many experienced people in crypto don't use decentralized exchanges, they don't even know about them. One day dex will be more popular than cex, but we will wait that one for years.
Until that happen binance will build it's empire, with developing, bnb burning, adoption rising I think that bnb can be a good long run investment more than short. But let's see what will happen this year first, I am always ready for big changes in crypto.

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January 24, 2020, 04:58:30 PM
 #30

for some reason if experts have predicted maybe I will believe a little but I have my own assumptions for this year regarding some tokens or altcoin such as binance ,I see some plans in most of the most popular coins does't rule out the possibility mate maybe that moment will be utilized by other altcoins such as binance coins ,well raising prices for exchanges against fiat currencies may occur at least $28 for unit because of the increase that market will pass too

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January 24, 2020, 05:31:08 PM
 #31

believe it or not, someday it will happen, especially if we talk about rising prices this year. but before that happens I am sure binance will go down to the lowest price first.
the development of binance is slow or not, the market conditions on the binance coin if require it to continue to fall, then all of them must follow not only a lot of binance coins. For the lowest price i guess it can be under 5$ and the highest price of binance little bit dificult because everything will follow the trend.

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January 24, 2020, 05:42:40 PM
 #32

In last BNB bullrun, it grow up for more 500% and this is a prove that BNB is very potential for big profit. I believe there will be an altcoin season soon and this is a great chance for BNB grow and this time a new ATH may be make.


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January 24, 2020, 05:43:08 PM
 #33

i think the price of binance coin will be rise, i use my favorit "coin meter" in trading view, you can see detail here :
https://www.tradingview.com/symbols/BNBBTC/technicals/
if we see the daily Volume , strong buy is still recomended, that potential the price of BNB will rise minimum 10%

and other indikator says Potential Profit+81.4% ($31.49)
https://cointobuy.io/binance-coin

so overall BNB will be rise , and im sure it will happpen to get new ATH in this year
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January 24, 2020, 06:08:12 PM
 #34

bnb potential I think will continue to grow every year, especially if more and more market traffic then the price of bnb can also continue to grow.
Because of the circulation that makes me confident, and so far binance is still one of the markets with many users.

R


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Jiyens3
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January 24, 2020, 06:08:57 PM
 #35

According to WalletInvestor website, BNB is expected to rise 85% in 2020. The price will reach $24.1 by the end of this year.

TradingBeasts believes binance price will have a slow growth. The price will reach only upto $19.

CryptoGround, however, believes that BNB will decrease down to $6.4202.

Do you agree?
absolutely agree with you, because till now binance coins (BNB) has growth very well in the market such today BNB rise price look like follow the bitcoin price but good. and days to days BNB always interest to people or trader and this coins be come favorit by a lot of people so i think BNB will reach good price in this year include $24 of the last year

 
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tbterryboy
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January 25, 2020, 07:58:03 AM
 #36

I don't agree with it until there will be the next big news for us. IEO on binance has already lost a lot of demand and binance must search another idea to bring back the demand again to buy BNB massively like what already done when there was a big hype on binance IEO.
But it looks like possible caused by the quarter burn will be always happening.
It looks like the current movement still pegged with bitcoin and we can't expect a huge price for binance at the end of this year.
Yes even I agree that binance is losing it's demand due to their launchpad but yet they have some profitable IEO's held over there so it should not be compared. They also have Margin, futures and leverage trading so it keeps them on route. They have huge number of registrations and it would keep growing the demand for their coin.

Binance would surely find some or the other way to continue rising the demand for their coin. They might reach upto $20 iif bull runs arrive this time as we might be expecting considering the graphs and patterns. If price for bitcoin rises, it might also carry prices for similar coins in the bull markets. BNB is a strong coin and there also are benefits in holding the coin so it would not at least dump so it might be good invest into it.
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January 25, 2020, 08:08:41 AM
 #37

new all-time-high in 2020  Grin Cool Wink

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bitcampaign
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January 25, 2020, 08:22:19 AM
 #38

do not easily believe in the analysis and predictions of anyone without TA and reasonable reasons, just do your own research to prevent losing big money, invest at your own risk, you can do other research, I also invest a little on this altcoin but not for the long term I usually look for a near profit on BNB if there is an increase in price and buy it when the price goes down

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January 25, 2020, 09:07:06 AM
 #39

in terms of predicting, if the price of crypto rises this year, I think BNB will also rise, and the increase will probably approach the price of $ 20. for the decline, I think the price of the BNB will not be more than $ 10, moreover that binance is still one of the very popular exchangers today.
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January 25, 2020, 09:29:53 AM
 #40

It is really difficult to predict the price of an altcoin in the market, everything depends on the growth of that altcoin. If that altcoin works well and has lots of positive news then the price will definitely go up. In 2020, if Binance has many new IEOs and has many interesting events for investors, I think its price could go up to $ 25-30.









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