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Author Topic: Is BNB is at it's peak price?  (Read 1924 times)
Stedsm
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April 23, 2021, 08:45:12 PM
 #101

BNB and ETH both have equally managed to bypass the drop impact BTC had on every single coin out there, and both have significantly maintained and held their support areas and are moving upwards. I believe that the buying power (money) is now being shifted from BTC to ETH and BNB, and it looks like it's just the beginning for BNB while ETH is already high. I hope to see BNB making new highs and crossing ETH to become number 2 coin according to marketcap. Smiley

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April 23, 2021, 08:58:17 PM
 #102

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?
It depends on your patience, are you still able or not to wait for the pump?
I assume that if BNB will continue to go up to make its new ATH and it will be more than $ 500, I am sure that BNB will break through $ 2000 before the end of the year.  because BNB has a burn coin feature that will make BNB supply limited when it is stable or even rising, burn coin has the potential to push the price of BNB to keep going up.


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Dump3er
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April 27, 2021, 10:23:22 PM
 #103

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?
It depends on your patience, are you still able or not to wait for the pump?
I assume that if BNB will continue to go up to make its new ATH and it will be more than $ 500, I am sure that BNB will break through $ 2000 before the end of the year.  because BNB has a burn coin feature that will make BNB supply limited when it is stable or even rising, burn coin has the potential to push the price of BNB to keep going up.

Profitability for BNB is outstanding and due to the buyback programs most likely a very attractive investment. The business model of exchanges is always attractive as they don't care whether there is a hype or a crash, trades will keep trading regardless and pay their trading fees.

Exchanges love volatility and this market will remain volatile for a long time and perhaps forever because new coins will always come and be traded.

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April 28, 2021, 08:58:20 PM
 #104

At the moment it has a triangle chart, it is possible that if the price of Bitcoin continues to rise we can see an eventual laterality of BNB, but the bearish are acting stealthily, it may be that due to the high demand for BNB it has not fallen As the other altcoins did, as the RSI is in positive territory, a price hike is very likely:


Quote
A breakout and close above the triangle will indicate that demand exceeds supply, and that could result in the start of the next leg of the uptrend, which could reach $808.57.

Source: https://cointelegraph.com/news/price-analysis-4-28-btc-eth-bnb-xrp-ada-doge-dot-uni-ltc-bch?_ga=2.53070382.708585949.1619490222-1822102485.1580788659

It is very likely that the price of BNB of a bullish turn and put in a new ATH, if things continue like this it will be one of the most traded currencies in the market.

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April 28, 2021, 09:09:26 PM
 #105

At the moment it has a triangle chart, it is possible that if the price of Bitcoin continues to rise we can see an eventual laterality of BNB, but the bearish are acting stealthily, it may be that due to the high demand for BNB it has not fallen As the other altcoins did, as the RSI is in positive territory, a price hike is very likely:
-
Quote
A breakout and close above the triangle will indicate that demand exceeds supply, and that could result in the start of the next leg of the uptrend, which could reach $808.57.

Source: https://cointelegraph.com/news/price-analysis-4-28-btc-eth-bnb-xrp-ada-doge-dot-uni-ltc-bch?_ga=2.53070382.708585949.1619490222-1822102485.1580788659

It is very likely that the price of BNB of a bullish turn and put in a new ATH, if things continue like this it will be one of the most traded currencies in the market.

From the time the OP posted this thread, which BNB was in $500 level, BNB already surpassed this level few times as it has roller-coaster ride also, which follows btc trend. And in my opinion also, if btc will continue to rise and so top alts like BNB. So the $500 is not the peak for BNB, it will be a lot more. Wonder if the OP cash out his coins?
Also, the usage of BSC network is growing because they are offering cheaper fees. So yes, BNB may emerge as one of the most traded cryptocurrencies in the market. Maybe even small to medium exchanges will list BNB for this to be available to more crypto users.
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April 28, 2021, 10:28:43 PM
 #106

BNB is strong, getting it at these prices is a big deal. The growing demand of BSC is a good signal that it might grow significantly and it’s gaining popularity. There are good events coming on its way thats why I always keep track of those events for they could be the catalyst to hit a $1k mark.
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April 29, 2021, 03:24:43 AM
 #107

At the moment it has a triangle chart, it is possible that if the price of Bitcoin continues to rise we can see an eventual laterality of BNB, but the bearish are acting stealthily, it may be that due to the high demand for BNB it has not fallen As the other altcoins did, as the RSI is in positive territory, a price hike is very likely:
-
Quote
A breakout and close above the triangle will indicate that demand exceeds supply, and that could result in the start of the next leg of the uptrend, which could reach $808.57.

Source: https://cointelegraph.com/news/price-analysis-4-28-btc-eth-bnb-xrp-ada-doge-dot-uni-ltc-bch?_ga=2.53070382.708585949.1619490222-1822102485.1580788659

It is very likely that the price of BNB of a bullish turn and put in a new ATH, if things continue like this it will be one of the most traded currencies in the market.

From the time the OP posted this thread, which BNB was in $500 level, BNB already surpassed this level few times as it has roller-coaster ride also, which follows btc trend. And in my opinion also, if btc will continue to rise and so top alts like BNB. So the $500 is not the peak for BNB, it will be a lot more. Wonder if the OP cash out his coins?
Also, the usage of BSC network is growing because they are offering cheaper fees. So yes, BNB may emerge as one of the most traded cryptocurrencies in the market. Maybe even small to medium exchanges will list BNB for this to be available to more crypto users.

If here it is shown that every opportunity in the market and in the Crypto world is well taken advantage of with the BSC network, BNB is having a suitable moment for investment, if those who are Hodler of BNB and decide to buy much more would be making a smart investment and I think it can be short to medium term. For my BNB it will reach almost 600usd if Bitcoin reaches $ 100k this year. What really helps BNB is the acceptance by many players in casinos and BNB is having a lot of demand from betting houses, also for the rates that attract the most, all these advantages that BNB offers is what which is making it emerge even much more than some altcoins that have been on the market longer.

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April 29, 2021, 11:48:44 AM
 #108


It depends on your patience, are you still able or not to wait for the pump?
I assume that if BNB will continue to go up to make its new ATH and it will be more than $ 500, I am sure that BNB will break through $ 2000 before the end of the year.  because BNB has a burn coin feature that will make BNB supply limited when it is stable or even rising, burn coin has the potential to push the price of BNB to keep going up.

In my own opinion it is worth it to hold Binance and have a patience yo wait for another ATH because I assume that it will continue to pump its market price and now it was more than $500, well it is $597 to be exact. For so many altcoins presented today, to be honest there are a lot of good altcoins and are worth it to invest too but having Binance is somewhat like having Ethereum. Well of course Binance was next on the line to Ethereum when it comes to altcoins hierarchy of most valuable altcoins right.

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April 29, 2021, 12:39:16 PM
 #109

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?
Binance coin is a very good and solid coin to hold mate, I personally regret selling off my bnb holdings too early cus I never expected it to be where it is today, even at 500$ per bnb coin, I still have this feeling that sooner or later, BNB will cross 1000$ per coin, alot of factors will contribute to this, like for example, the buy back and burn that happens every quarter of the year is a mechanism which in the long run will drastically reduce the total and circulating supply of bnb which will in turn create scarcity and more demand, which will result to higher value for the coin.
And also, Ethereum has refused or rather, is too slow to finding solutions to the high transaction costs on their network which several people have been complaining about for over a year now, if they continue to remain like this, more project will move to binance chain there by create more demand and higher value for the coin.
If I have bnb, I will be holding them until 1000$ and above.

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April 29, 2021, 03:01:39 PM
 #110

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

In my opinion you should keep BNB for a month or two the price will go past $1000. They are reducing the circulating supply of BNB and with Binance smart chain you could expect a fortune form BNB investment. Just wait and watch.
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April 29, 2021, 10:12:28 PM
 #111

The first thing to do is to set the number of profit that you wanna get. I think if you are already set your target it will be easier for you to decide which one is best for you. but in my opinion i think you can get more profit if you do day by day trading, because as per one day the increasing of BNB is so huge.

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April 29, 2021, 10:21:21 PM
 #112

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

In my opinion you should keep BNB for a month or two the price will go past $1000. They are reducing the circulating supply of BNB and with Binance smart chain you could expect a fortune form BNB investment. Just wait and watch.
Holding for months wont really be that enough if you are really wishing to make some money with BNB because as long Binance would able to retain and improve its popularity

then the possible or potential increase of its price is unmeasurable but if you do really tend to make out short term trading then I would definitely waiting up for some correction.

The price of BNB might already be at its peak but all we can do is to presume because the market is always unpredictable so it does depend on how you do risk out.

R


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April 29, 2021, 11:59:29 PM
 #113

If you already bought BNB, it is better to keep holding. The price will grow up more, and now it is already around $600. I am sure if the journey of BNB price improvement this season will continue till the next few months. Even some experts stated that the price can reach $1000. However, it is a prediction, you can decide yourself to sell or continue holding.

DWYOR


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April 30, 2021, 04:00:33 AM
 #114

for the future bnb price will continue to increase and rest assured the current price increase is not over and you must maintain it first so that later can get a hefty result, bnb price increase will continue to happen because many projects are currently using the BSC network so that the value of BNB will continue to increase, but this all depends on our respective beliefs.

.
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April 30, 2021, 04:50:10 AM
 #115

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

In my opinion you should keep BNB for a month or two the price will go past $1000. They are reducing the circulating supply of BNB and with Binance smart chain you could expect a fortune form BNB investment. Just wait and watch.

Why just a month or 2! Bnb is worth long term imo, imagine bnb price in another 2 years to come! It will probably be trading at current price of eth if not higher,
Recently am seeing the binance NFT Market Place advert in the app which says coming soon, when that happens that could have a direct influence on bnb as well as price, binance is expanding its services on a massive scale and I feel bnb will gain most out of this advancement.

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April 30, 2021, 09:51:28 AM
 #116

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

In my opinion you should keep BNB for a month or two the price will go past $1000. They are reducing the circulating supply of BNB and with Binance smart chain you could expect a fortune form BNB investment. Just wait and watch.

Why just a month or 2! Bnb is worth long term imo, imagine bnb price in another 2 years to come! It will probably be trading at current price of eth if not higher,
Recently am seeing the binance NFT Market Place advert in the app which says coming soon, when that happens that could have a direct influence on bnb as well as price, binance is expanding its services on a massive scale and I feel bnb will gain most out of this advancement.
There's no doubt about the success of BNB, as it continues to be popular and valuable, they still continue to burn coins which will only reduce the supply, that alone is already a big advantage of BNB while people are seeing its potential. Maybe we will see some correction soon due to the bull run, but for sure BNB will still make a new ATH even if it might dump soon.

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April 30, 2021, 10:15:06 AM
 #117

for now yes. ATH for bnb at 600 $ and there is no sign of it being broken anytime soon. but it does not rule out that in the future there will be new ATH for BNB, that means BNB still has a chance to go up. as long as the bull market persists, bnb still has a possibility. I believe BNB will follow ethereum.

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April 30, 2021, 11:41:33 AM
 #118

for now yes. ATH for bnb at 600 $ and there is no sign of it being broken anytime soon. but it does not rule out that in the future there will be new ATH for BNB, that means BNB still has a chance to go up. as long as the bull market persists, bnb still has a possibility. I believe BNB will follow ethereum.
I think so, but its totally depends on investment and upcoming burn events. There are various indicators showing that BNB can grow more, we don't need to surprise if we see BNB hits $1000 in this bull run. BNB can surprise us in the coming days, since it has the potential.
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April 30, 2021, 03:24:21 PM
 #119

In my opinion, BNB is not currently at the peak of the highest price, BNB still has the opportunity to pump even higher prices, especially if BNB has just burned more than 1 million coins, of course with a reduced supply of coins it will make BNB even more increase in the future, I  sure BNB will hit $ 1000 later this year,

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April 30, 2021, 04:44:49 PM
 #120

If you want to use your BNB for day-to-day trading, go ahead. however the price is still fluctuating for now. but if you are afraid to suffer losses, then holding back is the right choice I think

Holding is the best way to maximize your profits, if you don't need the money and you are aiming for much higher profits keeping your BNB asset might work for you.

Though each investors and traders have their own position in regards to their trading strategy, you have to make your own decision making.

Keep in mind that the dvelopment of this coin is not stopping, the very chance that it will pump for more is really high in this coming future.
Take your position accordingly and enjoy the rest of your investment.

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..PLAY NOW..
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