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Author Topic: Is BNB is at it's peak price?  (Read 1924 times)
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April 30, 2021, 05:06:00 PM
 #121

I think that for now BNB is not at its peak price, so far for me both ETH and BNB are the altcoins that I list as market winners, even above BTC in terms of dominance, when we emphasize with BTC dominance can That it has fallen a lot, but because of this it cannot be trusted because if BTC falls a lot obviously BNB will also fall and even stronger. In short-term terms, the following bullish conditions may occur:

Quote
Binance Coin (BNB) is accumulating power for a breakout as the coin keeps trading within the rising channel. In this case, the more likely price action is growth to the nearest vital level of $700.

Source: https://u.today/btc-eth-xrp-and-bnb-price-analysis-for-april-30

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April 30, 2021, 05:43:35 PM
 #122

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 wouldn't be so quick to rule it out. Even during the crypto bear of the past 2 weeks price didn't even manage to take BNB down below $500, which to me was super impressive (but I guess CAKE going to v2 really helped it a lot). At this rate, it could be the next ETH, going to $1500 maybe before dropping down in the next crypto winter.

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April 30, 2021, 06:23:29 PM
 #123

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,
The bullish trend is very much available in the market so every good coins we have in the market are all yet to reach there peak price, so BNB is not the only coin that's yet to be at it peak price but some big dip in price was predicted to happen before we could the peak price market.

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April 30, 2021, 07:12:22 PM
 #124

Holding is the best way to earn more profit from it.Have a look of current price of bitcoin.After the long term,the price of bitcoin had started to increase.BNB had started to increase to 600$,so holding in the pump is essential one.Panic selling is the mistake done by the new traders for the long term.It should be avoided to get more profit.Holding is the essential at the peak price.

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April 30, 2021, 07:32:49 PM
 #125

Holding is the best way to earn more profit from it.Have a look of current price of bitcoin.After the long term,the price of bitcoin had started to increase.BNB had started to increase to 600$,so holding in the pump is essential one.Panic selling is the mistake done by the new traders for the long term.It should be avoided to get more profit.Holding is the essential at the peak price.
Not all would really be having that kind of patience when it comes to holding their assets or coins into their own wallets on where to think that there are people who do really
mind off on making short trades for them to make profits in a short span of time thats why they are really mindful when it comes to short term trades and being
stressed out if the current price is on the peak or not.So positioning yourself will really vary or depending into ones analysis and if you do find out that if its still
not to late to get in with BNB then its up to your choice.So its your take.

R


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April 30, 2021, 08:46:03 PM
 #126

Picking a peak in an ongoing bull market is not easy. Binance is one of the best exchanges and recently announced plans for NFTs too so BNB is going to keep rising. The quarterly BNB token burn is a permanent bullish driver.
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April 30, 2021, 09:22:54 PM
 #127

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.
BNB is one of the best choices for long-term investing, overall if you want to invest in any project for the long term, you should not focus on the price of this coin. Indeed investing in any coin at a lower price is the best, however, if we are talking about BNB, l think it will deserve in the future. It is just my opinion, as you above mentioned everybody has to make own research and it is more important to make your own decision for investing in any project. Everybody just shares their own opinion, but we can make also some wrong decision. 

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April 30, 2021, 11:04:05 PM
 #128

BNB is one of the best choices for long-term investing, overall if you want to invest in any project for the long term, you should not focus on the price of this coin. Indeed investing in any coin at a lower price is the best, however, if we are talking about BNB, l think it will deserve in the future.
If you were smart enough to invest before the price of BNB exploding then it was a really good choice but now i am not comfortable to invest when the price is riding an all time high valuation well above $600 and of course when you are investing in any asset the price is everything as it will determine whether you end up in a small profit or making a fortune.
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April 30, 2021, 11:17:20 PM
 #129

Picking a peak in an ongoing bull market is not easy. Binance is one of the best exchanges and recently announced plans for NFTs too so BNB is going to keep rising. The quarterly BNB token burn is a permanent bullish driver.
All the observation says that we are yet to see the bigger bull trend of crypto market in this year. BNB price has increased a lot in last few months but I think it will grow more. And those great news related to BNB will help the price to go more high. It would be a good decision to hold the BNB what OP have in his account. There is high chance to see more price pump in future. Day to day trading won't be bad as well, but it needs a lot of hard work to ensure profits.

R


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May 01, 2021, 01:32:06 AM
 #130

I believe BNB can still go up in price up to $ 1000. Or you can also sell some of the BNB you have when the price hit $ 700, because usually before going higher, BNB will experience a correction first, so you can buy BNB again if BNB is corrected.
Not just $1000, I speculate BNB is targeting to reach the second place on coinmarketcap. With slightly higher circulating supply than ethereum, I guess even price ranges around 0.025 to 0.03BTC will be enough for BNB to rank second after bitcoin. I guess BNB is certainly moving toward that level right now.

Probably there might be some correction but I am sure that cannot be significant for OP kind of people who are holding at least from $500 levels to current price levels. It is confirmed that BNB is into strong bullish mode which may last for next 7 to 10 months as well.

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May 01, 2021, 02:38:50 AM
 #131

For now BNB looks even better, bitcoin is already known to have an excellent recovery, but for its part, BNB many believe that its pattern will reach a price of 808usd, this according to an analysis by Cointelegraph. According to the analyst, it is based on the chartist figure of the triangle, in this case it broke and it is presumed that if it touches the triangle again, the bullish movement will be invalidated.


Quote
This bullish view will invalidate in the short term if the price slips and re-enters the triangle. Such a move could keep the price in a consolidation for a few more days. The pair will signal a trend reversal if the price breaks and sustains below the triangle.
Source: https://cointelegraph.com/news/price-analysis-4-30-btc-eth-bnb-xrp-ada-doge-dot-uni-ltc-bch

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May 01, 2021, 03:59:29 AM
 #132

I believe BNB can still go up in price up to $ 1000. Or you can also sell some of the BNB you have when the price hit $ 700, because usually before going higher, BNB will experience a correction first, so you can buy BNB again if BNB is corrected.
Not just $1000, I speculate BNB is targeting to reach the second place on coinmarketcap. With slightly higher circulating supply than ethereum, I guess even price ranges around 0.025 to 0.03BTC will be enough for BNB to rank second after bitcoin. I guess BNB is certainly moving toward that level right now.
Meaning Binance Coin will take the rank of Ethereum soon? does the Burning of BNB is legit or just a Pumping modus ?
because many believe that the said Burning sooner will make the increase for Binance price and thats why many investors are making a ride.
Quote
Probably there might be some correction but I am sure that cannot be significant for OP kind of people who are holding at least from $500 levels to current price levels. It is confirmed that BNB is into strong bullish mode which may last for next 7 to 10 months as well.
Correction is normal even Bitcoin having this after the great pump but seeking for 0.03 btc per BNB? if bitcoin hit 100k this year means binance will be 3,000$?

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May 01, 2021, 09:48:16 AM
 #133

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?

If somebody tells you that BNB is at its peak price now but you think otherwise and did your research, what would you do? Getting opinions is fine, but you never know who is sitting on the other end giving you advice. Make sure you can vouch for your own opinion, which means do your research properly.
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May 01, 2021, 01:38:40 PM
 #134

It has various benefits from being the main line trade that undertakings pursue to be recorded on, it has a generally excellent near advantage over numerous decision altccoins like Ethereum. Yet, do remember that Binance would play out the fifteenth quarterly BNB consume and because of the current promotion, that news alone will go far to drive the cost further upward.


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May 01, 2021, 05:33:05 PM
 #135

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?
How long have you hold BNB and how much have you made a profit from BNB Huh
From my question above, I am sure you have got the answer.
Currently BNB looks like a beautiful woman in the crypto market, very many people who want to get it. CZ always strives to improve the quality of BNB to be even better, being in 3rd position in CMC has not made CZ satisfied with this achievement, he will continue to try to shift Ethereum's position which is in 2nd position. The presence of the BSC is a nightmare for the Ethereum platform, now very many new projects are using the BSC platform instead of Ethereum, This condition is very beneficial for BNB in ​​the future.

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May 01, 2021, 09:34:29 PM
 #136

For a coin that is coming from the best exchange(Binance) I don't see its price slowing down any time soon.

I see it going for second spot which is very much possible because these binance guys have token buys which make they coin valuable and more projects are building projects on their blockchain which means more demand, btw binance already registered its new Ath this week and with altcoin season looking ripe expect another ath.

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May 01, 2021, 11:53:35 PM
 #137

Picking a peak in an ongoing bull market is not easy. Binance is one of the best exchanges and recently announced plans for NFTs too so BNB is going to keep rising. The quarterly BNB token burn is a permanent bullish driver.
The burning of coins is one of the biggest scams in the market, they create unlimited coins and the developers will be holding a large chunk of the coins in existence and then they create the narrative that they are burning off the coins.

I never thought BNB will reach these levels because it is a complete ripoff and since it is open source they do not fear about lawsuit Grin.
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May 02, 2021, 01:14:30 AM
 #138

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?

Keep them and stake. You can stake them either in Binance or swap platforms. I can suggest you Pancakebunny. They give around %22 APY right now. That's pretty cool for BNB staking, as that is higher than Binance staking options.

See here: https://pancakebunny.finance/pool/BNB

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May 02, 2021, 05:06:45 AM
 #139

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?

You must keep them for a long term.  BNB had gone through that pump and dump stage.  With the creation of BSC, it offers innovation on the market.  With its cheap transaction fee, and many projects shifting and created in BSC network, I think you got yourself a gem simply by holding BNB.  It is very promising at this point so rather than waiting for the pump, it is best to wait for the BNB market to establish its price as time goes by. 
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May 02, 2021, 09:43:33 AM
 #140

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?
now BNB has reached the new ATH at $ 645 quite quickly the binance price reaches the new ATH this will be getting closer to the price of $ 1000 per BNB in ​​the near future the price has always gone up in the last few months it is very appropriate to buy BNB at the price of $ 500 you are just waiting for the Binance coin price going up is very interesting waiting for the price of BNB at the highest level. For sure it will be a big advantage for loyal holders who buy at the lowest price.
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