Binance Coin Price Prediction: BNB Forecast Analysis

Welcome to BitcoinExchangeGuide.com's Binance Coin Price Prediction summary where we reveal all BNB coin value analysis, forecast charts and market data.

Binance Coin (BNB) Price Predictions: Market Data Forecasts and BNB/USD Value Charts

Contents

Binance Coin Price Analysis: BNB's Push to Number 7

$3874 is Bitcoin's current value. Its 24 hour trading volume is 9.36 billion. Our $BTC analysis is unchanged since Tuesday's update. Volume and price action both indicate strength from the bulls, and we expect a retest of the low 4k resistance in the coming days.

Binance coin has been commanding the attention of the crypto world since the beginning of February. In about one month, its price has appreciated by more than 150% against the dollar. Volume has continued to flow into BNB since the beginning of 2019. The euphoria phase seems to have set in for $BNB.

With nearly every major influencer, including CZ (CEO of Binance), discussing the exchange's native token, we wanted to shed some light, once again, on the project and what has influenced it of late.

To begin, Binance is one of the most widely used, if not the most widely used, crypto exchange in the space. This drives notoriety to the token and its use in trading, as it is an active trading pair to 50+ cryptocurrencies on Binance.

It is also common to view the ownership of $BNB as an opportunity to participate in the success of Binance. Casual crypto investors are not the only ones to view Binance as a strong product or savvy market operator/investor. A word from the Argentine government has come forth regarding their approach to funding national blockchain projects that Binance also invests in.

The country’s Ministry of Production and Labor announced Wednesday that it will match investments of up to $50,000 into every Argentine blockchain project that receives funding from Binance Labs via the second season of its incubator program and LatamEX Founders Lab. This ultimately shows the level of respect that major governments have for Binance’s decision making in the blockchain space.

From a technical perspective, we think $BNB may have to take a breather before its next leg up. We expect the $16-17 range to provide heavy resistance to $BNB. It is hard to ignore the amount of volume surging in, or the golden cross that occurred on the daily for $BNB on February 27th (see chart below). We expect a short-term retrace to the $11-12 range that will act as support.

We have mentioned before that, as a strategy, our team members set aside percentages of their monthly earnings to invest solely into $BNB as a long-term play.

Stay tuned for updates as cryptocurrency price action continues!


Binance Coin (BNB) Daily Price Forecast: April 10, 2019

  • Both the medium and the short term trends are in a range moving outlook presently.
  • Traders need to be wary of fake breakout or false breakdown while strong market movement eventually occurs.

BNB/USD Medium-term Trend: Ranging

  • Distribution territories: $21, $22, $23
  • Accumulation territories: $16, $15, $14

The trade worth of BNB/USD pair has been in a range moving outlook over a few numbers of trading days this week. In accordance with the trading chart, it has been established that the crypto-market has been choppily trading around $19 and $18 marks quite a while.

During the trading sessions yesterday, at a point in time, the pair made a notable drop to approach the immediate accumulation territory at $16 point. But, so soon was reversed into the range spots. The market has now been hovering around the Bollinger Middle Band that is a bit located below the 50-day SMA. The Stochastic Oscillators have sluggishly headed upward to touch range 60.

The bulls in this market at this point in time appear to lack the power to sustain their stance even f the 50-day SMA indicator is breached northward.

BNB/USD Short-term Trend: Ranging

In the BNB/USD market’s today, the pair has been basically seeing a series of choppy price movements around $19 and $18.50 trade points. Similarly, yesterday, the crypto-pair was seeing maintaining almost the same range-moving mote as being currently featuring in the market.

The 50-day SMA and the Bollinger Lower Band are both closely located a bit below the short-term trend’s lower range mark at $18.50. The Stochastic Oscillators are now attempting to cross their hairs at range 60 towards pointing north probably.

There has been no strong indication that this crypto-pair would soon vigorously push out of its current range spots. Meanwhile, a correction at either side of the immediate distribution and the accumulation territory lines could give a good entry against false breakout or breakdown as the case may be.

Author: Azeez M


Binance Coin (BNB) Long-term Price Analysis: April 7, 2019

  • BNB/USD crypto-trade has located another range zones within $24 and $16 marks as against the last lower spots.
  • The 50-day SMA trend-line could determine an end of an uptrend market condition of this crypto-trade especially while broken downwards.

BNB/USD Long-term Trend – Ranging

  • Distribution territories: $28, $32, $36
  • Accumulation territories: $12, $8, $4

In spite of a sudden hike in price that occurred in most of the crypto-trading operations on April 2, the market valuation of BNB/USD still moves in a range until now. The impact of the spike has only made the crypto to locate another range zones within $24 and $16 marks.

The market trend has been keeping in motion along the 14-day SMA indicator slightly to the north direction above the 50-day SMA with a notable small space between them. The Stochastic Oscillators are conjoint at range 60 to signify that the range price movement is still on-going.

The emergence of a bullish shaven candlestick is most needed to be formed against the $24 upper range mark to potentially substantiate the bulls’ returning on a more convincing mote in the market. The 50-day SMA has been the trend-line that could determine an end of an uptrend market condition of this crypto-trade if eventually sees a strong push southward against its $16 lower range point.

Author: Azeez M

 


Binance Coin (BNB) Daily Price Forecast: April 3, 2019

Today's Binance Coin (BNB) News

There is this palpable excitement around Bitcoin—and it is understandable. As such analysts, as well as ordinary investors, are tracking performances at Binance, a global and trusted exchange. With rising Bitcoin prices, its kingly status will mean a rising tide that will undoubtedly support periphery coins.

Read: Cryptocurrency Market Sees Bullish Wave, Causing Binance Exchange UI Technical Problems

Although well capitalized and shored by Binance’s in-house developments such as the DEX test-net and their Binance Coin demanding Launchpad, we expect the eighth most capitalized coin to print higher in days ahead as BTC inch higher reversing last year’s losses thanks to their direct correlation. But there is more to that.

Binance coin plans to support more products and features in days ahead. One of them is the talk of margin trading and Changpeng Zhao’s continued support for stable coins. Saying they assist regulators to maintain control and more flexible than anonymous fiat, the exchange is using the stability of these coins to drive mainstream adoption.

Also Read: Top Crypto Exchange By Activity Announces Matic (MATIC) Token Sale Via Its Binance Launchpad

Apart from this, the MATIC crowd-funding on the exchange’s launchpad should drive BNB prices higher. The only hindrance that may slow down BNB is the new lottery system and ticket issuing style the exchange is adopting. To qualify, one must own at-least 50 BNB and each MATIC token costs $0.0026. But for fair value, the value of each BNB will be determined today before 1.9 billion MATIC tokens are unleashed for sale.

BNB/USD Price Analysis

Binance Coin(BNB)

Like in our last BNB/USD price analysis, Binance Coin (BNB) is trading within a bull breakout pattern—and the trend is visible in the weekly chart.

Here, we notice that BNB prices, like the rest of the market, slid after peaking in late 2018, eventually finding support at $4.5, the 78.6 percent Fibonacci retracement level of BNB’s high low. As Fibonacci retracement rules dictate, we expect BNB to at-least retest $26, or Dec 2017 highs or higher. And it is easy to see why. First, notice that BNB bulls have been relentless after that double bar bull reversal pattern of the week ending Dec 23.

In fact, compared to other assets, BNB performance is stellar and could even print higher since the underlying momentum is high. We need not look far. We have solid bull bars banding along the upper BB complete with increasing participation levels. Now that BNB is trading above Q2 2018 highs at $17, the coin is within a bull breakout pattern and every low should be a buying opportunity with targets at $26 as aforementioned.

Author: Dalmas N


Binance Coin (BNB) Daily Price Forecast: April 3, 2019

  • BNB/USD in the medium-term market run, an upward trend is still visible.
  • As at the time of writing, the pair has been facing a strong price line at around $20 point.

BNB/USD Medium-term Trend: Bullish

  • Distribution territories: $22, $23, $24
  • Accumulation territories: $16, $15, $14

BNB/USD pair is still somewhat enjoying a sudden increase that emerged in the market quite about a few days this week. Meanwhile, the market now appears to start experiencing a kind of pit stop at a higher point found around $20 mark presently.

The 50-day SMA is located a bit over $17 point but underneath the Bollinger Middle Band. The Stochastic Oscillators are now seemingly consolidating around range 80 closer to the overbought zone.

Currently, the bulls are confronting a strong price line at $20 mark, and if they succeed at breaking past the point, the market point could extend to territories around the first and the second distribution zones. However, the bears may have the market forces while the bulls fail to push northwards further at the aforementioned point.

BNB/USD Short-term Trend: Ranging

There has been a series of notable choppy price movements in the market valuation of BNB/USD today. The range movements have been majorly featuring around $20 and $19.50 marks.

Yesterday, the crypto-market was in a bullish outlook. The 50-day SMA is located at $19 mark while the Bollinger Bands are all located above it. The stochastic Oscillators are now located within ranges 40 and 20, and they now swing in it.

There’s still an indication that the pair may be finding a foundation around its 50-day SMA to regain momentum. However, the crypto-trade may still have to continue ranging for a while.

Author: Azeez M


Binance Coin (BNB) Long-term Price Analysis: March 31, 2019

  • BNB/USD market has been struggling to move away from $16 mark quite over a specific period.
  • The BNB/USD pair may lose out in momentum while trying to push northward further from its current $16 range price point.

BNB/USD Long-term Trend – Ranging

  • Distribution territories: $24, $28, $32
  • Accumulation territories: $8, $6, $4

The market financial stance of BNB/USD has been struggling to move away around $16 mark quite over a specific period. But, it hasn’t succeeded yet either to drive northbound or southward in order to have a clear-cut of the trade direction.

The 14-day SMA has been in the making of directing the pair to the path of northwards while 50-day SMA stands below it to possibly determine its southward direction if broken downward. The Stochastic Oscillators are consolidating around range 80 closer to overbought zone.

From the market point of view, the BNB/USD trade may not be able to take the current price line afar even if it were to suddenly push northward further away from its present range spot. In other words, there’ll be a lack of sustainability in such an upward trade movement. Therefore, the bears may, in the long run, find a good set-up for their decent entry in the crypto-market. Traders may remain calm down and allow that assumption play out before placing an order.

Author: Azeez M


Binance Coin (BNB) Daily Price Forecast: March 29, 2019

Latest Binance Coin (BNB) News

After weeks of uncertainty, we have two resounding facts. One is that most crypto exchanges are experts at faking volumes, all for profits but at the detriment of investors and traders. Fake volumes mean analysis based on inflated and over-exaggerated statistics not reflective of actual events. To counter that, Open Market Cap recommends investors to draw data from 10 of the more than 100 exchanges. Luckily, these exchanges are very liquid and located in a jurisdiction as the US, South Korea, Europe, and Japan, prioritizing end user welfare. Not missing from the list is Winklevoss’s Gemini and BitFlyer.

Read: Binance Goes Good Will Hunting, Plans to Freeze All Identified Stolen Funds from Dragon Ex

The second fact is, more exchanges are falling prey to hackers and DragonEX is the latest. With all the fuss surrounding centralized exchanges and measures in place to safeguard user funds, sophisticated black hats are worryingly by-passing security and resulting loss is not only a stain erasing progress in the crypto sphere but dents user investment.

Steps must be taken and Binance has already partnered with IdentityMind, a risk management and regulatory compliance platform, just five months after procuring Chainanalysis services. This collaboration will better Binance KYC and AML procedures in the process of upgrading Binance security measures.

Also Read: Binance’s Trust Wallet Adds Stellar Lumens (XLM) to its List of Supported Cryptocurrencies

Here’s what Samuel Lim, Chief Compliance Officer of Binance, had to say:

“The partnership between Binance and IdentityMind further strengthens our compliance capabilities and our commitment to re-invest in the blockchain ecosystem and grow it. We continue to evolve and enhance security systems while adhering to regulatory mandates in the countries we operate in. The goal is to foster greater trust among financial institutions worldwide.”

BNB/USD Price Analysis

Binance Coin

After those sharp up-thrust of Mar 24, Binance Coin (BNB) bulls were back in contention, breaking out of the minor consolidation between Mar 8 and 22. That means the path of least resistance is up and further accelerating BNB prices are supportive fundamentals like Binance DEX and the crowdfunding requirement of their Launchpad.

Traders can take advantage of the slight correction after Mar 24 gains and very low above the middle BB should technically be a buying opportunity with modest targets at $26 as laid out in previous BNB/USD trade plan.

On the flip side any correction that will see BNB print lower from the upper BB cascading into a break below the 20-day MA and later $14.22 could lead to a retest of our breakout level, which is also our minor resistance level at $11.90 in a retest phase.

All Charts Courtesy of Trading View—Binance

Author: Dalmas N


Binance Coin (BNB) Daily Price Forecast: March 28, 2019

  • BNB/USD market in the medium run outlook has been in a range, and may soon regain its foundation around its 50-day SMA.
  • The BNB/USD trade may soon afterward converge around trading zones of $17.20 and $17.

BNB/USD Medium-term Trend: Ranging

  • Distribution territories: $19, $20, $21
  • Accumulation territories: $14, $13, $12

A spike occurred on March 24 in the market valuation of BNB/USD, and that has actually led it to keep a chain of choppy price movements in upper range zones to the last week’s. The range market movements have been on around $18 and $16 marks shortly after the said spike.

Price has been hovering along the trending path of the Bollinger Middle Band over a day back. The Bollinger Bands now appear to maintain a flat posture closely above the 50-day SMA. And, that indicates a strong signal of the market being in its intense consolidation mode. The stochastic Oscillators are now consolidating around range 80.

Being as it is, the bulls may still need to regain their foundation around the 50-day SMA indicator to push northwards further past the current range spots. A breakdown of the 50-day SMA could cause an end to the continuation of a bullish market sentiment being envisaged.

BNB/USD Short-term Trend: Ranging

Yesterday, the BNB/USD market in the short-term trend outlook saw a notable spike during trading sessions. The market failed to capitalize on that sudden force as the trade movement immediately turned in a range moving mode.

The current range spots have seen around $17 and $16.8 marks. The Bollinger Bands are all closely found around the range spots, ant the 50-day SMA is located near $16.6 below them. The Stochastic Oscillators now seemingly attempting to close hairs at range 80. That could be a signal of more price consolidation movements in the market.

The bulls would have to contend with a breaking of market points between $17.20 and $17 to potentially affirm a bullish trend continuation of this crypto-trade. However, price may converge at those trading zones for a while.

Author: Azeez M


Binance Coin (BNB) Daily Price Forecast: March 26, 2019

Latest Binance News

Dominating news headlines is Binance Coin surge. It has to be super exciting for coin holders to register upwards of 30 percent in month-over-month returns. However, from the look of things, we expect the coin’s valuation to edge higher. And this is not rocket science.

Read: Binance CEO Gives Notion At Dibs On VIP Access For BNB Token Holders On Launchpad

We can easily trace Binance coin superior performance when together with Tron decided to launch the hugely successful BitTorrent crowdfunding at Binance Launchpad. The requirement was that BTT tokens would be sold simultaneously in two sessions where the BNB and TRX were the only accepted coins.

Though Changpeng Zhao announced that the ICO sold out in 18 minutes, it is BNB that has been steady in the last two months.

But there was more in the pipeline. Binance is planning on launching their DEX and BNB is required for fees and with an unsubstantiated finding that Binance will support margin trading in coming weeks or months and retail traders who own BNB tokens will be allowed to trade on margin appears to be exciting and supportive of asset prices.

Also Read: Binance Coin Price Shoots Up Again Due To Next Launchpad Sale Dependent On BNB Holdings

However, it is the introduction of a whale favoring new lottery system that mandates the holding of BNB coins 20-days before the launch of any ICO and introducing a minimum holding of 100 BNB that is a game changer.  Clearly, Binance is taking advantage of their volumes—being the world’s largest by adjusted volumes, and their demands will see the coin surge in days ahead:

“Each user’s BNB balance will be recorded in a snapshot at 0:00 AM (UTC) each day. Should a user’s BNB balance drop below the minimum balance required on any given day during the 20-day period, they will be put into the lower threshold.”

BNB/USD Price Analysis

Binance Coin

Binance coin (BNB) is up 6.2 percent in the last week as bulls surge ahead. However, note that it is not the top performer. Cardano (ADA) takes that mantle. All in all, we expect BNB prices to edge higher as fundamental factors lead the way.

For traders seeking to fine tune entries, ideal positions will be at the 20-day moving average or any other point inside Mar 24 high low. Conservative traders may have to stay on the sideline and wait for full confirmations and that would print out once prices close above Mar 24 highs at $17.8. After that, our first target will be $26 and fitting stops at Mar 24 lows at $15.

 

All Charts Courtesy of Trading View—Binance

Author: Dalmas N


Binance Coin (BNB) Long-term Price Analysis: March 24, 2019

  • There has been a slight decline in the BNB/USD range market in the last trading days.
  • The $18 upper range mark now remains the barrier to the BNB/USD trade's further upward movement presently in this crypto-market.

BNB/USD Long-term Trend – Ranging

  • Distribution territories: $24, $26, $28
  • Accumulation territories: $8, $6, $4

In the last couple of days, BNB/USD trade valuation has been seeing a slightly decline in a range. Equally, the same $18 and $14 range points being kept over a few weeks are still intact until now.

The pair couldn’t forge ahead after seeing a slight push above the median range spot on March 16, hence, the cause of a line of lower lows in the market. The 14-day SMA is now found within the range zones near below the $16 median mark. The 50-day SMA is located below a lower price mark at $12. The Stochastic Oscillators have slantingly bent from the overbought zone to point south-east within ranges 60 and 40.

BNB/USD bullish market sentiment may not be having it smoother against the bears while the $18 upper range mark remains unbroken northwards. Meanwhile, the crypto-market may as well soon possibly witness different closer range spots a bit below the current range points.

Author: Azeez M


Binance Coin (BNB) Daily Price Forecast: March 21, 2019

Today's Binance (BNB) News

Available in Australia, Binance has launched a cash to Bitcoin brokerage service allowing users to buy Bitcoin with Cash via InvestbyBit operated Binance Lite Australia. The service is the first of its kind in the sub-continent and through a network of more than 1,300 agents distributed across the country, crypto users now have a reliable and trusted fiat—crypto ramp where they can buy the sought-after coin in minutes.

All the same, Bitcoin is the only supported digital asset but it is not hard to see that the move is a step in the right direction that will not only spur crypto adoption in Australia but will allow Binance to increase their coin offerings and diversify their payment methods to include other currencies including USD or Euro for example. Note that this is not the first time Binance is involved with projects in Australia. As a global company with interest in different blockchain start-ups and even in collaboration with governments as Argentina and Uganda, Binance invested $2.5 million in TravelBybit back in 2018.

The CFO of Binance said:

“Binance Lite Australia further expands digital currency adoption by providing easier ways to buy bitcoin. We are excited to continue to roll out more fiat to crypto gateways around the world to support the growth of our industry. We firmly believe that more adoption will lead to more innovation and more economic opportunities.”

BNB/USD Price Analysis

Binance Coin

Unmoved in the last day and week, Binance Coin (BNB) bulls are nonetheless firm. Clearly, BNB bulls are in charge, banding along the upper BB and trading within a bullish breakout pattern after closing above $11 at the back of decent volumes after Mar 5 bull bar. Even so, the failure of bulls to confirm Mar 5 bulls coupled with slowing momentum may heap pressure on BNB triggering a liquidation as the retest phase begins.

From candlestick arrangement, it is likely that prices will retract but that is also dependent to several factors including the performance of Bitcoin which has a magnifying effect and the general sentiment towards BNB tied to the success of Binance DEX. If prices collapse and bear reverse gains of Mar 16, then the resulting over-supply could see BNB drop below the 20-day MA towards Mar 14 lows of around $13.20.

Conversely, gains above $16.70 would cement bulls of Mar 5 and in a trend resumption phase, BNB prices could spike towards $26.

 

All Charts Courtesy of Trading View—Binance

Author: Dalmas N


Binance Coin (BNB) Daily Price Forecast: March 20, 2019

  • BNB/USD trade is now in a range but it could soon have a better upsurge around the conjoint point of 50-day SMA and Bollinger Lower Band.
  • In the short-term run, the pair may still experience more range movements. But, a sudden spike could as well emerge suddenly at around its Bollinger Lower Band.

BNB/USD Medium-term Trend: Ranging

  • Distribution territories: $18, $19, $20
  • Accumulation territories: $13, $12, $11

This week, BNB/USD market has been witnessing a series of choppy price movements. Last week, the pair was relatively seeing a line of short ups in its valuation.

The crypto-trade has now been fluctuating towards a low market territory of $15 mark which also serves as the current lower range point. The Bollinger Lower Band and the 50-day SMA are conjoint a bit above the lower range point. The current range zones are depicted by $17 and $15 price points. The Stochastic Oscillators are slantingly bent to point south-east between ranges 50 and 25.

The BNB price value appears being pressurized by the USD to the downward side gently only probably to allow the crypto to a better upsurge around the conjoint trading indicators of 50-day SMA and Bollinger Lower Band.

BNB/USD Short-term Trend: Bearish

The BNB/USD market in the short-term run today has been recording a relative decline in its valuation. The crypto continues to fall while it failed to push northwards further against the 50-day SMA.

Yesterday, the pairs fell from a higher mark located around the market’s Bollinger Upper Band. Presently, the market has been trading around its Bollinger Lower Band. That shows the impact of the bears on the crypto-trade seems not over yet. The Stochastic Oscillators are now consolidating in the oversold zone.

As at now, the BNB/USD trade has got to its oversold zone condition, and further placing of trading position may need to be suspended for a while. However, a sudden spike at the Bollinger Lower Band could mean a signal for the bulls coming back into the market.

Author: Azeez M


Binance Coin (BNB) Long-term Price Analysis: March 17, 2019

  • BNB/USD trade has now been seeing a range of price movements after its relatively bullish outlook recently.
  • It's still believed that the bulls have not completely lost out their momentum in the BNB/USD market.

BNB/USD Long-term Trend – Ranging

  • Distribution territories: $20, $22, $24
  • Accumulation territories: $8, $6, $4

In the last couple of trading days, BNB/USD market has been seeing a number of variant range price movements in its valuation. Recently, the crypto-market was in somewhat bullish outlook.

Its present choppy market movements could now be traced back to March 9. The range marks are now seen being maintained by the pair between $18 and $14 price points. The 14-day SMA is located above the 50-day SMA. Price has been notably fluctuating a bit over the 14-day SMA indicator. The Stochastic Oscillators are now consolidating within the overbought zone to signify the bulls’ trade force in the market hasn’t been totally exhausted in this market presently.

Noticeably, this crypto-market has been stylishly springing northwards to achieve a high price value. In the light of that, the bulls could still potentially push the market past its current median range point out of the upper range. Like wisely, there could be a market correction of around $18 and $16 marks.

Author: Azeez M


Binance Coin (BNB) Daily Price Forecast: March 13, 2019

  • BNB/USD market is now relatively in a bullish outlook, and a breakout of $16 mark may as well see a quick reversal which could be a signal for a bearish entry.
  • The bulls may have to rebuild their trading position around the 50-day SMA to possibly regain a stronger headway in this crypto-trade.

BNB/USD Medium-term Trend: Bullish

  • Distribution territories: $17, $18, $19
  • Accumulation territories: $13, $12, $11

About three days back into this week’s BNB/USD market trading sessions, the crypto-trade has been witnessing a relative increase in its valuation. A notable spike occurred on March 12 to allow the pair to approach a high market value of $16.

As at present, price has been trading around a bit below the aforementioned market point. The 50-day SMA indicator is situated closely underneath the Bollinger Middle Bands, and they are both slightly below a horizontal trade value of $15 mark. The Stochastic Oscillators have penetrated into the overbought zone, and they now slightly point south within it.

The bulls now appear to start giving in a sign of relaxing in this crypto-market, and as a result, there could soon be different choppy price movements around $16 and $15 marks. Meanwhile, a breakout of the $16 may as well experience a reversal which could be a bearish signal.

BNB/USD Short-term Trend: Ranging

BNB/USD trade worth today has been seeing its market stance characterized by a series of lower highs and lower lows around $15.6 and $15.2 points. The crypto-market in its short-term run has been somewhat trying to get lower beyond the lower range spot.

Yesterday, the pair had a spike that enabled it to trade a bit above the $15.6 upper range mark. The. Bollinger Bands are now located over the 50-day SMA. The Stochastic Oscillators have crossed to point south briefly over range 40. That could mean a signal for the return of bears back into the trade.

Currently, the bears’ force may not be strong enough to push the market line past $14.8 point. And, the bulls may have to rebuild their stance in the trade around the market’s 50-day SMA indicator.

Author: Azeez M


Binance Coin (BNB) Long-term Price Analysis: March 10, 2019

  • BNB/USD market has been on a relative increase quite a while.
  • A fiercely southward broken of the 14-day SMA could mean a turn against the current uptrend.

BNB/USD Long-term Trend – Bullish

  • Distribution territories: $20, $22, $24
  • Accumulation territories: $8, $6, $4

BNB/USD market worth on March 5, begun to spring northwards out of a range it was basically witnessing last week. Initially, the crypto-market was found trading within ranges $12 and $10 marks.

The crypto has now been able to push past above the last $12 upper range spot to eventually achieve a high $16 market value on March 7. The 14-day SMA is located above the 50-day SMA as the market has been trading over them currently. The Stochastic Oscillators have dipped into the overbought zone to move in a consolidation mode within it. That could simply mean that the present uptrend hasn’t lost out in strength in the market.

The pair now appears to be facing a strong market line at its current high point at $16, and that could as well probably give in to having a sort of price confluence at that zone. In other words, there can be another range of price movements of this crypto-market. Traders may have to consider the 14-day SMA indicator in their trading psyche if broken fiercely southwards could mean a turn against the uptrend is very much around the corner.

Author: Azeez M


Binance Coin (BNB) Daily Price Forecast: March 6, 2019

  • Now, the BNB/USD market tends to soon experience a line of price consolidation movements.
  • The 50-day SMA would now have to play an important part to determine the validation of the bulls in the market.

BNB/USD Medium-term Trend: Bullish

  • Distribution territories: $16, $17, $18
  • Accumulation territories: $11, $10, $9

Binance Coin has been on a notable increase against the US dollar valuation in the market since the trade starts this week. The crypto-market has been able to swing up from around $11 low point to around a high value of $14 mark.

The 50-day SMA is located below the Bollinger Middle Band. The market has been trading around the Bollinger Upper Band at around the $14 high price value. The Stochastic Oscillators have dipped into the overbought zone to seemingly begin a consolidation movement.

The bulls now appear to consolidate their movements in the market around $14 and $13 price territories. To ensure the continuity current bullish trend, the two market points may be considered while there’s a strong price movement out of those trading regions.

BNB/USD Short-term Trend: Ranging

Today, BNB/USD market has been experiencing choppy price movements around $14 and $13.5 marks until now. The crypto has been tightly hovering around the Bollinger Middle Band at around $13.50 point.

Yesterday, the pair’s trend was in a bullish outlook, while it rose from a low mark of around $12 to a high point a bit higher than $14 point. The Bollinger Bands are all located over the 50-day SMA indicator. The Stochastic Oscillators have crossed within ranges 60 and 40 to point south-east. That suggests the need to exercise caution while placing an order in the market.

The 50-day SMA would now have to play an important part to determine the validation of the bulls in the market. Whilst the SMA is not broken southwards, then traders could maintain looking for more ups set-up in the trade.


Binance Coin (BNB) Long-term Price Analysis: Mar 3, 2019

  • BNB/USD may afterward experience a breakout or a breakdown at $12 and $10 price points.
  • This crypto still has a high probability of pushing into other higher range spot or zones.

BNB/USD Long-term Trend – Ranging

  • Distribution territories: $14, $16, $18
  • Accumulation territories: $6, $5, $4

In the last couple of trading days, the market valuation of BNB/USD still moves within a range. On February 27, the pair managed to spring slightly from around $10 mark to test $12 point on Feb. 29.

Observantly, the market marks between the $12 and $10 are the current definite range zones. The two SMAs seemingly point north direction. The 14-day SMA is located over the 50-day SMA with a notable space between them. The Stochastic Oscillators have crossed to point north below range 80. That signifies the possibility of witnessing more ups in the market.

This crypto-trade still has the possibility of pushing into other higher range spot or zones especially while the current upper range spot isn’t fiercely broken northwards. However, the bears may get a good entry at the same said spot while there’ll be a correction or rejection in the market afterward. Strong price action is needed to be considered when placing an order in this market.


Binance Coin (BNB) Daily Price Forecast: Feb 27, 2019

  • Currently, BNB/USD appears to lack the required momentum of taking the market to a higher mark compared to the present high point.
  • The bulls’ appropriate setting may be achieved at other lower mark, if there’ll be a strong swing price movement afterward.

BNB/USD Medium-term Trend: Ranging

  • Distribution territories: $12, $13, $14
  • Accumulation territories: $8.50, $7.50, $6.50

Initially BNB/USD market saw a range movement around $11 mark, it eventually got drop to start ranging around $10 point since February 24. The present range price movements are characterized by a series of lower lows.

Aside from the Bollinger Lower Band, all the other indicators are now located within the ranges of $11 and $10 price territories. The stochastic Oscillators now point north a bit above range 20.

This crypto-trade now appears being under bears’ pressure, and as a result, the pair may still leave out a good sell set-up around one of the upper trading indicators. However, there may be a strong retracement around $9 and $8 marks.

BNB/USD Short-term Trend: Ranging

There have been a series of range price movements in the BNB/USD market valuation since the trading commences today. About a couple of hours now, the pair has been very tightly ranging around its $10 current upper range zone.

Yesterday, the crypto-market experienced its range price movements closer to $9.50 mark. All the indicators are now located within the range zones as both the 50-day SMA and the Bollinger Upper Band are closely found around the upper range point. The stochastic Oscillators are now seemingly consolidating around range 80.

The bulls’ price driving strength now looks fading off in the BNB/USD market. Therefore, it may still be necessary that this market gets a drop in order to allow the bulls’ appropriate setting if there’ll be a strong probable swing price movement afterward.


Binance Coin (BNB) Long-term Price Analysis: Feb 24, 2019

  • BNB/USD market has been significantly having a series of lower highs in its price movements.
  • Indicators still have it that the crypto may still stylishly break northwards into other upper range zones.

BNB/USD Long-term Trend – Ranging

  • Distribution territories: $14, $16, $18
  • Accumulation territories: $6, $5, $4

BNB/USD trade has been briefly experiencing more short ups in its price movements while it entered a range. Lately, between February 6 and 18, the crypto ranged around $10 and $8 marks by sequentially featuring short ups.

On February 19, another notable spike also emerged against the former $10 point, but lack the momentum to move further past $12 horizontal line. Therefore, the crypto-market has now been ranging between $12 and $10 range zones. The 14-day SMA is located over the 50-day SMA. The Stochastic Oscillators have been consolidating in the overbought zone closer to range 80.

The February 19 bullish candlestick’s bottom and the 14-day SMA indicator may now be put into consideration bears’ return while an aggressive reversal is exerted against them. Meanwhile, the bulls may still stylishly break northwards into other upper range zones. Traders may have to be very cautious while placing their entries in this crypto- market.


Binance Coin (BNB) Daily Price Forecast: Feb 20, 2019

  • BNB/USD market after its current relative up-rise in valuation tends to now experience most of its next movements in a range.
  • The 50-day SMA indicator should be put into consideration if it's eventually breached southwards to signify probable bears' return in the market.

BNB/USD Medium-term Trend: Bullish

  • Distribution territories: $13, $14, $15
  • Accumulation territories: $8.50, $7.50, $6.50

The US dollar has been depreciating in its market valuation as paired with the Binance Coin barely a day back. Between this week’s February 17 and a couple of early trading hours on February 19, the crypto-trade saw major of its price movements in a range.

Like wisely, during the last week’s trading sessions, the market similarly experienced different range price movements. Price has now been trading around the Bollinger Upper Band at $11 mark. The Bollinger Middle Band has touched $10 while the 50-day SMA is closely located underneath. The Stochastic Oscillators have dipped into the overbought zone to consolidate within it.

BNB/USD market may now start building its trading zones around $12 and $10 price territories. As a result, that could in the medium-term run give rise to witnessing a line of variant range movements around the presumed range zones.

BNB/USD Short-term Trend: Bullish

There has been a relative swing uptrend of price movements in the trade between BNB/USD pair today in the short-term trend outlook. Yesterday, towards the end of the trading period, the pair had begun to rise in valuation.

The Bollinger Bands are all still slightly bent northward as the 50-day SMA indicator is located underneath them. The market has been trading around the Bollinger Upper Band at around $11.50 point. The stochastic Oscillators are consolidating around the overbought zone. That depicts the firmness of the bulls currently in the market.

The pair is now expected to keep its uptrend while it can be mustering foundations around the territories above the 50-day SMA.


Binance Coin (BNB) Long-term Price Analysis: Feb 17, 2019

BNB/USD Long-term Trend – Ranging

  • Distribution territories: $12, $13, $14
  • Accumulation territories: $6, $5, $4

Since February 10 while BNB/USD trade managed to slightly surge past $9 mark, the crypto has been experiencing price range movements. The crypto encountered rejections on two different occasions between February 11 and 12, and that has led to its current range movements.

The 14-day SMA still keeps trending northwards below the market trading zone. The 50-day SMA is located underneath the 14-day SMA. The Stochastic Oscillators have crossed hairs at range 80 to seemingly begin a consolidation movement around it. The BNB/USD market has got to one of the general market phenomena as regards its choppy moving mode after its relative surging northwards.

The crypto-trade’s range zones presently are $10 and $9 marks. The bullish market may continue while its strength does not eventually get weakened around the range zones. Like wisely, bears could make a come-back between $12 and $10 price territories if a reversal bid features during a volatile swing uptrend in the market.


Here's Why Binance Coin (BNB) Has More Gains Coming Its Way

Binance Coin, the native cryptocurrency of the Binance exchange is currently among the top ten cryptocurrencies with over 50 percent gains in the past month while the majority of the crypto market is struggling with the ongoing crypto winter.

Just recently, Binance Coin (BNB) reached its all-time high in the BTC market. At the time of writing, BNB has been trading at $9.03 with 24-hours loss of 1.83 percent. According to the data provided by Coinmarketcap, it is trading in the red in both BTC and ETH markets as well by 2.07 percent and 3.69 percent.

In mid-December, BNB has been trading at about $4.52 that went to $9.58 on February 11. The same day, it broke its ATH against BTC at $0.0026.

BNB price chart, Source: Coinmarketcap

In mid-January, the force behind Binance Coin’s upward drive has been the coin burn. According to its whitepaper, at the start of each quarter, BNB goes through a coin burn that eliminates a portion of is total circulating supply. The crypto exchange Binance uses 20 percent of its net profits to buy back BNB and destroy them.

At that time, Binance CEO, Changpeng Zhao had shared,

“Since the start of 2019, BNB’s fundamentals have been impacted upon greatly, starting with the mid-January coin burn of over $9.4 million worth of BNB. I feel a burning sensation. How about you?”

Unlike fiat currencies BNB, the deflationary cryptocurrency is giving back to the people that use it through regular buybacks and increasing their value.

A Busy Year Ahead

But with the way the developments are going with Binance exchange, more greens can be expected as crypto trader Moon Overlord took to Twitter to share why BNB could be a rare exception to buying it at its all-time high (ATH).

The upcoming launch of Binance’s decentralized exchange on Binance Chain is one such factor that will add to its value. Recently, it has been announced by Changpeng Zhao that its public testing is coming on February 20th.

This new venture will help Binance in expanding its business from just a cryptocurrency exchange. And BNB will be playing a major role in this exchange that will be charging a hefty fee that is $100k for listing new coins to discourage spam and fraud projects.

Moreover, Binance Chain will be allowing the projects to fundraise and launch their very own tokens on this platform. And these funds will be raised through BNB, further fostering the use case of BNB.

Binance Launchpad is also coming which is a fundraising platform on which the tokens will be launched. Similar to Ethereum platform where ICOs are launched, Binance Launchpad will give Binance and its native token BNB another edge in this crypto space. The platform has already got its first project in the form of BitTorrent which raised over 47 million in just about 20 minutes.

Binance has a busy year ahead of itself with lots of developments under process which means BNB has a lot more gains coming in its future.


Binance Coin (BNB) Daily Price Forecast: Feb 13, 2019

BNB/USD Medium-term Trend: Ranging

  • Distribution territories: $10.50, $11, $11.50
  • Accumulation territories: $8, $7.50, $7

There have been a series of lower lows and lower highs in the BNB/USD market valuation features this week. In about a week back, the crypto-trade witnessed more of its price movements in a sequential order towards the north direction.

The market has been able to test the Bollinger Upper Band while very tightly located at $10 mark on February 12. As at now, the crypto-trade has been fluctuating between $9.50 and $9 points. The Bollinger Bands are located over the 50-day SMA. The stochastic Oscillators have headed southwards to briefly touch range 20.

The 50-day SMA as now keeps below the Bollinger Band, and with the degree of range point that the Stochastic Oscillators have headed downwards to, still indicate that there are brighter probable good set-ups for more ups than downs in this crypto-market.

BNB/USD Short-term Trend: Ranging

The BNB/USD market in the short-term outlook today has been more of featuring lower lows than lower high in its price action. $9.4 and $9.2 marks have been the range zones since the trading sessions begin today.

Yesterday, the crypto recorded a decline in price action from around $9.87 down towards averaging $9 low mark. The 50-day SMA is closely located over the Bollinger upper Band a bit above the upper range zone. The Stochastic Oscillators are seemingly attempting to cross and point south within ranges 40 and 20. That suggests the impact of bears in the market is totally not yet over.

The Bears seem to still be in control of this crypto-trade with a weak force. In that wise, that could eventually lead to having a good set-up for the bulls to take up the market moving charge.


Binance Coin (BNB) Hits ATH In BTC Market, It’s All About “BUIDL”

Binance is the biggest cryptocurrency exchange according to the Coinmarketcap with 24-hours trading volume of $688 million. Binance Coin (BNB) is the cryptocurrency created by Binance for this platform.

Amidst the ongoing bear market where top cryptocurrencies have lost 80 to 90 percent of their value, Binance Coin (BNB) has emerged as the winner. Recently, it climbed above Bitcoin SV, Cardano, Monero, and IOTA to claim the 10th position.

At the time of writing, BNB has been trading at $9.63 with 24-hours gains of 4.07 percent. In the BTC market, it is up by 4 percent while registering 0.83 percent gains in the ETH market.

BNB price chart, Source: Coinmarketcap

Today, Binance Coin reached a new all-time high in the BTC market at $0.00264 while the previous record has been on $0.00177. As for the USD market, $24.46 has been the peak and is still down 60 percent.

BNB is an ERC20 token with a total supply of 200 million. According to its website, “Binance plans to use 20% of our profits each quarter to buy back and burn BNB until 50% of the total BNB supply (100 million BNB) is burned.”

Yi He, the co-founder, and CMO at Binance took to Twitter to share her excitement,

Day In Day Out, Keep BUIDLing

Binance Coin made a record and it’s all about BUIDL according to Binance executives as its CEO, Changpeng Zhao took to Twitter to share,

While the crypto market has been ridden hard by bears, Zao has always emphasized on building and letting the work speak in the tanking market as only “Buidl” will decide, once the bulls come back, which companies would be able to sustain.

“When markets do go back up that doesn't mean all projects will. A lot of coins with no development will die. Review your holdings. Make sure teams are WORKING.”

“I think for our industry to grow we need more entrepreneurs to build real projects,”

recently stated CZ. Not just on numerous occasions, Zhao and Binance team has always been about building.

Recently, Ted Lin, the Chief Growth Officer at Binance had shared a simple Buidl strategy of the exchange, which given the fact that Binance is the number one exchange and keeps on expanding across the geographical boundaries is working very well in its favor.

“If the technology requires 5 years of the entire ecosystem working together to create a better alternative, then we better start now.”

Since its inception in 2017, Binance has expanded into academy, research, and charity while working as an incubator for blockchain projects and has also launched its own crypto wallet.

Bitcoin (BTC), Ethereum (ETH), XRP (Ripple), and BCH Price Analysis Watch (Feb 11th)


Binance Coin (BNB) Long-term Price Analysis: Feb 10, 2019

BNB/USD Long-term Trend – Bullish

  • Distribution territories: $11, $12, $13
  • Accumulation territories: $6, $5, $4

On February 4, Binance Coin market strived to beef up its driving force against the US dollar. On its succeeding day, the crypto visibly continued to surge higher northwards to eventually touch past $9 last week’s immediate distribution territory briefly on February 9.

The market line has actively been trading around the $9 horizontal point. Both the SMA indicators seemingly point towards north than an east direction in their outlook. The 14-day SMA still maintains an upper location over the 50-day SMA. The Stochastic Oscillators are found consolidating around range 80 closely to the overbought zone.

The market may soon be witnessing a pit-stop between $9 and $7 marks, and during that presumed course, there may be short ups and downs. A breakdown through the 14-day SMA southwards may not be finding it easier against the 50-day SMA to freely make a smooth passage in favor of bears. Whilst that even happens, it may allow the bulls to re-find its foundation for anew decent entry.


Binance Coin (BNB) Reaches Top 10 Market Cap

Binance Coin (BNB) started to be the 10th most valuable cryptocurrency by market capitalization this week thanks to the efforts of its company. By surpassing Cardano and Bitcoin Satoshi Vision (SV), the crypto rose to a place of prominence in the industry and passed the value of $8 USD per token.

In the last seven days, the cryptocurrency has seen a bull run of 32% up. This has led the utility token of the largest exchange in the world to be the 10th biggest token out there. Bitcoin SV, Cardano, Monero and IOTA were the victims that were basically knocked over by BNB.

The token that now has 141 million units does not have its own chain yet, though, and it still uses the ERC20 Ethereum-based standard. According to Binance, the maximum supply of tokens will be 200 million BNB coins and 20% of the money received by the company in fees will be burned in order to increase the prices.

Binance has been doing a lot in order to increase the usage of BNB on its platform. The users get a discount of 25% in fees when they use it, and they can also use BNB to pay debit and credit cards, so the plan is to turn BNB into one of the big players, something that it looks like the company was already able to do.

The Strategy For Success

The exchange has also detailed on its blog some of the points which led BNB to enter the top 10 on a commemorative post. Binance has affirmed that, since its launch two years ago, the company is set on improving both the services and the adoption of the tokens.

According to the post, there are several reasons why the price of the token went up so much lately. For instance, the fact that now you can use BNB on credit and debit cards, as well as the fact that Binance is expanding to other regions and this has a positive impact on the token. Increasing the reach of institutional investors from the company has also benefited Binance a lot.

The Binance Launchpad, a service for Initial Coin Offerings (ICOs) that will give unique opportunities for investors is also one of the main reasons why the prices were driven up.

Other important initiatives such as Binance Labs, Binance Charity and Binance Academy were also cited on the blog post but they are certainly not as relevant to the new price as the Launchpad platform and all the expansion that the company has currently had.

Obviously, you have to also take into account that Bitcoin SV was basically in free fall ever since it was launched because of the controversies that happened during the launch like Craig Wright affirming that he was Satoshi Nakamoto and now the fact that someone uploaded child pornography on the BSV chain.

The other tokens like Cardano (ADA) were also not doing very well, but we have to recognize Binance’s effort.


Binance Coin (BNB) Enters Top 10 Crypto Market Cap

One day you win, other day you lose. That’s the rule of the crypto market. Despite Bitcoin (BTC) never losing its lead, the crypto market is constantly seeing its top tokens changing position.

Ripple’s token (XRP) took Ethereum’s (ETH) place as the second top token in the market last year and now we have seen Binance Coin (BNB) charge into the top 10.

Changes are surely happening and some tokens are on the rise while other are down. Binance and Ripple are certainly the big winners while Ethereum and Bitcoin Cash and SV are the main losers.

The Victory Of Binance Coin (BNB)

The bear market has not been very nice to any token, but Binance has found a way to make the prices of its BNB token go up even when everything seems to be dragged down by the bear.

Binance Coin has seen a surge of 12% in the last 24 hours and it finally entered the top 10 cryptos in the market. The numbers were even higher some hours before when the token was at least 18% up. The numbers were mostly inspired by the launch of the Binance Launchpad and the whole strategy of the company to value its token, which is surely being very effective.

The Binance Launchpad is a platform for releasing and selling new tokens and it has been pretty successful so far, which has encouraged the investors into believing that Binance Coin has what it takes to keep a steady growth going on.

Ripple (XRP), the second largest token by market cap, is doing just fine. It has been down this year but it still has some of the strength that of 2018 when it took the 2nd place from Ethereum.

Besides these ones, Tron is actually going pretty well. The token is the 7th by market cap and it has seen some more modest growth in 2019, but a growth nevertheless.

The Biggest Losers

Ethereum is not doing well. The token is down by 3.5% today and it has taken a beating from the market recently. Despite the fact that Ripple is also not going up, there is not a great chance that we will see ETH rising to the 2nd place again so soon.

It cannot be denied that Cardano is one of the biggest losers this year. The currency already found itself in the 5th position last year and now it has been down to 12th with a market cap that does not even reach a billion USD, when it was over 10 billion USD in 2018 before the bear attacked.

Little is happening in terms of development for Cardano, so the prices being down at least 97% are a very unfortunate consequence of that.

Bitcoin SV is even worse. This token is going down for sure and, while it is 2% up in the last 24 hours, it has been decreasing in price constantly since it was born from the hard fork. This leads us to believe that Bitcoin SV might not have much of a future.

The Ranking So Far

At the time of this report, Bitcoin was still the king with a market cap of $59,1 billion USD, followed by XRP (12,05 billion), Ethereum (10,85 billion), which basically makes it clear how much ahead Bitcoin is.

EOS (2,12 billion) is way behind in 4th, followed by TetherUSD (2,02 billion), Bitcoin Cash (2,01 billion), Litecoin (1,98 billion), TRON (1,72 billion), Stellar Lumens (1,42 billion) and now Binance Coin (1,14 billion).

The rest of the top 20 sees Bitcoin SV, Cardano, Monero, IOTA, Dash, NEO, Ethereum Classic, NEM, USD Coin and Maker. All but Bitcoin SV with a market cap of less than a billion USD.

Bitcoin (BTC), Ethereum (ETH), XRP (Ripple), and BCH Coin Price Watch (Feb 6th)


Binance Coin (BNB) Daily Price Forecast: Feb 6, 2019

BNB/USD Medium-term Trend: Bullish

  • Distribution territories: $9, $9.50, $10
  • Accumulation territories: $6, $5.50, $5

BNB/USD trade valuation has been relatively experiencing an increase in its price movements as at current. Over a week back, the crypto was in different closer range zones at variant points in time.

Today, the market line has regained its strength after getting lower on the first 4-hour bearish candlestick formed to eventually test $8.50 high mark. Price has now been trading along with Bollinger Upper Band around $8 market territory. Both the 50-day SMA and the Bollinger Lower Band are found around $6.50.The Stochastic Oscillators are currently consolidating within the overbought zone.

As the crypto-market appears to still be in its swing uptrend, it may now be finding a foundation around its Bollinger Middle Band for a decent re-entry of a long order of the market. Assumably, a strong breakdown of the Bollinger Middle Band could cause invalidation of the upward trend.

BNB/USD Short-term Trend: Bullish

Yesterday, in the BNB/USD market, there were price range movements during the first trading segment to an extent. Towards the end, the crypto began striving to push northwardly.

Today, the pair has once slightly dropped towards its Bollinger Middle Band to find support for its uptrend continuation in the market. Currently, price has been retracing towards the Bollinger Middle Band probably to rebuild its support around it again. Both the 50-day SMA and the Bollinger Lower Band are located closely below $7.50 price point. The Stochastic Oscillators have slightly opened hairs at range 75 to point south.

The aforesaid market point now seems to be the pivot to signify an end to the continuation of this crypto-trade bullish assumption.


Binance Coin (BNB) Long-term Price Analysis: Feb 3, 2019

BNB/USD Long-term Trend – Ranging

  • Distribution territories: $9, $10, $11
  • Accumulation territories: $5, $4, $3

Between January 26 and 28, BNB/USD market encountered a rejection within $8 and $7 market points. As at January 28, the crypto fully got pressed back into its $7 and $6 range zones as being kept over a month back.

The pair, after touching both the 50-day SMA and the $6 lower range mark, has now been striving to move upwards within the range confinements. The 14-day SMA is located above the 50-day SMA, and yet, they are both within the range points. The Stochastic Oscillators have crossed to point north below range 40. That signifies that the crypto-trade upward movement may still have a greater advantage in the market over downward's.

Would there be a sudden stride in the market that eventually sees the price line up to breaking past $8 mark, a reversal is projected to come up sooner than later around the territories above it. Therefore, traders may watch out for a decent entry point to place a sell order while that assumption plays out accordingly.


Binance Coin (BNB) Daily Price Forecast: Jan 30, 2019

BNB/USD Medium-term Trend: Ranging

  • Distribution territories: $7, $7.50, $8
  • Accumulation territories: $5.50, $5, $4.5

About two days back, BNB/USD market stance witnessed a significant drawdown during the trading sessions. During the course of declination on January 28, the pair got to test $6 low mark.

Towards the end of the trading sessions, the crypto has now been seeing a line of choppy price movements within $6.50 and $6 range zones until the present. The Bollinger Middle Band has intercepted the 50-day SMA from the top. The stochastic oscillators are now consolidating within the oversold zone. That shows that bears’ impact on the market hasn’t been exhausted totally.

Now, traders may have to wait and choose between getting a good reversal pattern at each of the two range zones while that occurs, to either enter a buy or a sell order as the case may be.

BNB/USD Short-term Trend: Ranging

BNB/USD market worth in the short-term run also has been witnessing different amounts of ranging movements. Yesterday, the crypto-market choppy price movements were mostly seen a bit above the Bollinger Middle Band.

Today, the pair has continued to range tightly below the Bollinger Middle Band. All the indicators are located within the $6.40 and $6 range zones as both the 50-day SMA and the Bollinger Upper Band have conjoined closer to the upper range mark. The Stochastic Oscillators are consolidating around range 50.

Bulls are now expected to muster their strength below the current upper range zone of the market in order to have a stronger stride to back up their probable swing uptrend in the market.


Binance Coin (BNB) Long-term Price Analysis: Jan 27, 2019

BNB/USD Long-term Trend – Ranging

  • Distribution territories: $9, $10, $11
  • Accumulation territories: $5, $4, $3

The market valuation of BNB/USD has been relatively consolidating around $7 mark over a week a bit above its 14-day SMA indicator. On January 8 and 19, the pair had once seen testing the said line separately.

The 50-day SMA now appears backing the 14-day SMA from below towards northward than northward-east direction. The Stochastic Oscillators have headed northwards to touch range 80. They still point north and have an attempt to dip into the overbought zone to probably denote an overbought market condition of this crypto-trade.

$7 and $6 market lines are the range zones that traders may be having a good entry of placing their reversal order while a presumed fake breakout or breakdown eventually emerges in the market. Meanwhile, a strong breakdown that can cause an interception of the 50-day SMA by the 14-day SMA from the top may result in seeing bears taking full advantage of the crypto-trade driving force.


Binance Coin (BNB) Daily Price Forecast: Jan 23, 2019

BNB/USD Medium-term Trend: Ranging

  • Distribution territories: $7.25, $7.75, $8.25
  • Accumulation territories: $6, $5.50, $5

BNB/USD market worth has continually been witnessing its price movements in sideways mode tightly around $6.50 price territory from January 20 until the time of writing. Notably, the crypto has been relatively showing a record of different lower highs while it managed to surge upwards on January 14.

Both the 50-day SMA and the Bollinger Lower Band have closely conjoined below the $6.50 mark while price has continued to range along with the Bollinger Middle Band at a near location. The Stochastic Oscillators have dipped into the overbought zone, and they have briefly crossed at range 80 to likely suggest an overbought market condition of this crypto-trade for now.

The two key price points of this market are now found at $7 and $6.50 marks. A strong reversal against the higher point could mean bears’ decent entry, and like wisely, a reversal of the lower mark could see bulls’ coming back into the market.

BNB/USD Short-term Trend: Ranging

In the short-term run of BNB/USD market today, there have been witnessing of lower lows than lower highs in its price movements so far. The market territory of $6.6 has been the major point around which the crypto-worth has been trading since yesterday.

Presently, and yet around the said zone of the market, the crypto seems trying to push southward further against the area where both the 50-day and the Bollinger Lower Band have conjoined. The Stochastic Oscillators are now pointing south at range 50.

This crypto-trade now appears trying to relocate its foundation between $6.50 and $6.40 price territories for another possible upcoming bullish move in the market.


Binance Coin (BNB) Long-term Price Analysis: Jan 20, 2019

BNB/USD Long-term Trend – Ranging

  • Distribution territories: $8, $9, $10
  • Accumulation territories: $4, $3, $2

BNB/USD market valuation has been featuring variant short ups around $7 and $6 marks from January 13 until present. This crypto-trade has been subjected to making several failing attempts while it either touches or approaches the $7 market line over a month.

About two days back, the pair has been choppily moving a bit above the 14-day SMA but below the $7 upper range point. The 14-day SMA is located over the 50-day SMA. The Stochastic Oscillators have appeared to point north-east direction a bit below range 80. That calls for caution against exerting further trading positions in the market for now.

Bulls’ market driving force seems to continue getting exhausted at the $7 upper range mark as long as there has not been a real Japanese bullish candlestick emerged in the market to break it out northwards. Nevertheless, a sudden correction or rejection at the said market point could be a signal for a bearish market entry point.


Binance Coin (BNB) Daily Price Forecast: Jan 16, 2019

BNB/USD Medium-term Trend: Ranging

  • Distribution territories: $7, $7.50, $8
  • Accumulation territories: $5.50, $5, $4.50

Market territories of between $6.50 and $6 have been the range zones within which BNB/USD has been trading about three days back. The crypto-market saw a low point at around $5.50 on January 13.

Later on, the crypto managed to swing upwards to touch the 50-day SMA indicator on January 14. There were price range movements around the lower range before the emergence of a spike that has made it touch the 50-day SMA again. Both the 50-day SMA and Bollinger Upper Band are now seemingly maintaining a parallel direction with a tiny space between below the $6.50 upper range zone. The Stochastic Oscillators have briefly crossed at around range 60 to point north.

Bulls are now seemingly staging a strong come-back into the market. Traders are equally enjoined to be wary of the 50-day SMA if a reversal is eventually made against it.

BNB/USD Short-term Trend: Bullish

BNB/USD market in the short-term run has been on a relative increase since the commencement of trading today. Yesterday, the crypto-market basically saw variant lower lows to the tune of achieving around $5.85 low mark.

The market has now been trading around the Bollinger Upper Band. The 50-day SMA and the Bollinger Middle Band have conjoined a bit above t$6 mark. The Stochastic Oscillators have crossed at range 80 to point south. That suggests that bearish market may soon come to play.

The crypto now seems to have had a rejection a bit above $6.20 mark and going by the Stochastic Oscillators, the crypto-market is now poised to take market control. Traders going short on this crypto-trade now should be cautious of a $6.40 high mark.


Binance Coin (BNB) Long-term Price Analysis: Jan 13, 2019

BNB/USD Long-term Trend – Ranging

  • Distribution territories: $8, $9, $10
  • Accumulation territories: $4, $3, $2

Similarly, on January 10, a sudden price decline was witnessed by all the cryptos paired with the US dollar across the globe. In spite of that, the pair still experienced the decline around the same range zones it has been keeping over the time.

The market has been hovering around $6 price territory; that market point had initially witnessed a notable correction between December 4 and 6, 2018. The 14-day SMA is located above the 50-day SMA as said market point is found between them. The Stochastic Oscillators have headed southwards to briefly touch past range 40. Yet, they still point south to suggest a downward price movement of the market.

Going by indicators reading, the key trading zones are now been reduced to around $7 and $6 marks. A strong break of the $6 mark against the 50-day SMA may potentially result in testing a low price point between $5 and $4 territories.


Binance Coin (BNB) Daily Price Forecast: Jan 9, 2019

BNB/USD Medium-term Trend: Bullish

  • Distribution territories: $7.50, $8, $8.50
  • Accumulation territories: $6, $5.50, $5

BNB/USD market trading line has been relatively being on an increase since yesterday. The crypto started by getting a slight spike against $6.50 mark after finding a foundation a bit above the Bollinger Middle Band.

Towards the end of trading sessions on January 6, the pair saw a series of choppy price movements until the last trading period on its following day. The Bollinger Middle Band has moved slightly a bit over $6.50 point as the 50-day SMA maintains a short gap underneath it. Price has been trading around the Bollinger Upper Band presently. The Stochastic Oscillators have closed hairs at around range 80.

It may be necessary for this crypto-market to get a correction from the current swing uptrend but breaking downward against its 50-day SMA indicator could cause a contrary sentiment.

BNB/USD Short-term Trend: Bullish

The market trading worth of BNB/USD in the short-term run has also been in a bullish outlook today. Only about a few hours ago, the crypto has appeared trying to get some levels of correction within the Bollinger Bands.

Yesterday, about the same $7 high market value was achieved before it got a series of lower lows to find support along the Bollinger Middle, hence today’s relative northward push. The 50-day indicator is underneath the Bollinger Bands. The Stochastic Oscillators have crossed the overbought zone to point south slightly below range 80.

Traders may need to wait for a good buy set-up to rejoin the swing uptrend of this crypto-trade.


Binance Coin (BNB) Long-term Price Analysis: Jan 6, 2019

BNB/USD Long-term Trend – Ranging

  • Distribution territories: $8, $9, $10
  • Accumulation territories: $4, $3, $2

BNB/USD market driving forces are still kept around the same last year’s range boundaries until the present time. The range movements have been densely featuring since December 29 closely around $6 price territory.

The 14-day SMA has been very tightly trending along with the said market line where the pair has been found using as its foundations. The 50-day SMA has been freshly intercepted by the 14-day SMA from below to locate above it. Price has been faintly hovering around both the 14-day SMA and the $6 price territory. The Stochastic Oscillators have conjoined at around range 60. That shows that price consolidation movements are still in action in the market.

The assumption still holds on just as last week’s as $7, $6 and $5 are the basic trading zones of this crypto-market. Similarly, bulls are expected to muster their required strength around the aforementioned trading zones. Traders are enjoined to await strong price action to take place.


Binance Coin (BNB) Daily Price Forecast: Jan 2, 2019

BNB/USD Medium-term Trend: Ranging

  • Distribution territories: $7, $7.50, $8
  • Accumulation territories: $5.50, $5, $4.50

Last year December 31, BNB/USD managed to test $6.50 upper range, but since January 1, the crypto has been witnessing a series of lower lows a bit above the $6 lower range. The current range zones have been in play since around Dec. 28 until now.

Price has been tightly hovering around the Bollinger Middle Band within the range. Both the Bollinger Lower Band and the 50-day SMA have conjoined closely below lower range. The Stochastic Oscillators have briefly crossed at range 40 to point south.

A breakdown of the $6 lower range could signify a strong return of bears in the market. Meanwhile, a breakout of the $6.50 upper range may potentially allow bulls to swing northwards further past the $7 immediate mark.

BNB/USD Short-term Trend: Ranging

Today, in the short-term market run outlook, BNB/USD has been majorly featuring lower lows within $6.30 and $6.10 range zones. Yesterday, the currency pair was in a bearish outlook while it fell from around $6.34 point to closely test around $6 mark.

The 50-day SMA is located over the Bollinger Middle Band. Price still moves along with the Bollinger Middle Band. The Stochastic Oscillators have slantingly bent southward past range 40 slightly.

There still every tendency that this crypto would witness more downward price movements while its $6.30 upper range point remains unbroken northward. Like wisely, its sudden breakout could lead to bull’s market reappearance.


Binance Coin (BNB) Long-term Price Analysis – Dec 30, 2018

BNB/USD Long-term Trend – Ranging

  • Distribution territories: $8, $9, $10
  • Accumulation territories: $4, $3, $2

BNB/USD markets last week’s bullish trend got exhausted on December 24 after averaging $7 mark. The market briefly reverted against the 50-day SMA on the same day to start a ranging motion on the following day around $6 price territory.

Price has now been hovering around the 50-day SMA’s trend-line. The 14-day SMA has slightly bent northward below the 50-day SMA with a short space distancing them. That brightens a bullish bias at the expense of any probable bears’ weaknesses in the market. The stochastic Oscillators have feebly crossed at range 60 to suggest a possibility of getting more ups in the market.

Three key market lines are now in focus; $7, $6, and $5 as they have made the basic trading zones of this crypto-trade. Bulls may find it necessary to garner their momentum within territories below the $6 market point so as to have a decent swing uptrend.


Binance Coin (BNB) Daily Price Forecast: Dec 26, 2018

BNB/USD Medium-term Trend: Ranging

  • Distribution territories: $7, $7.50, $8
  • Accumulation territories: $5, $4.50, $4

Currently, BNB/USD price worth has been ranging along with the 50-day SMA’s trend-line. Previously, within December 17 and 24, BNB/USD market was in a bullish trend outlook.

In the course of swing uptrend, the crypto rose from around a bit below $5 mark to test a bit above $6.50 market line while it encountered a strong distribution territory. A few hours into the December 24 trading sessions, the crypto stated falling to eventually average the Bollinger Lower Band at $5.50 mark on Dec.25. The 50-day SMA is located under the Bollinger Middle Band. The Stochastic Oscillators have dipped into the oversold zone to consolidate around it.

BNB/USD market may now have to be controlled by bears but a strong reversal could as well suddenly occur to let in bulls probably stage a come-back especially while $6 mark is breached northwards in the presumed process.

BNB/USD Short-term Trend: Ranging

BNB/USD market has been ranging around $5.80 and $5.60 since yesterday while it slumped southward. The $5.60 seemed to be a strong market point that has been holding back the crypto from further falling.

As at now, price has been ranging under the Bollinger Middle Band. The 50-day SMA has joined with the Bollinger Upper Band a bit below $6 price territory. The Stochastic Oscillators have touched range 40 to slightly point south.

A sudden breakdown of the $5.60 lower range point could result in achieving low price point between $5.40 and $5 marks. In contrary, a high price point of between $6 and $6.40 is achievable during a breakout of the current price range mode.


Binance Coin (BNB) Long-term Price Analysis: Dec 23, 2018

BNB/USD Long-term Trend – Bullish

  • Distribution territories: $8, $9, $10
  • Accumulation territories: $4, $3, $2

Binance Coin has been gaining value against the US dollar market valuation over a few days ago. During the last course of a long market depression, BNBUSD had once risen to a high point close to $7 on December 5.

The 14-day SMA has again been breached northwards, and the crypto has been relatively keeping its up-swing above the 14-day SMA’s trend-line. Price has been currently trading around $6 market territory. The 50-day SMA is located over the 14-day SMA with a notable space between. The Stochastic Oscillators have headed north to touch range 80 from below. That shows that bulls are still somewhat taking the charge of the market driving force.

Binance Coin may be facing a strong market line around $7 mark, and it could be resisted once again while it gets there as barely experienced previously. In a similar manner, $4 mark is now the crucial point that remains to be breached southwards to invalidate bullish momentum of this cryptocurrency presently.


Binance Coin (BNB) Daily Price Forecast: Dec 19, 2018

BNB/USD Medium-term Trend: Bullish

Distribution territories: $6.50, $7, $7.50
Accumulation territories: $4, $3.50, $3

In accordance with what the trading chart shows, between December 10 and 16, BNB/USD price had moved around a range of $5 and $4.50 marks. On December 17, the crypto began slowly and steadily surged upwards to eventually push past the 50-day SMA and against the Bollinger Upper Band trend-lines.

Around $5.40 mark, the pair experienced a pit stop that made it range-moved for a while. The market line has now sprung northwards further past the said mark to average below $6 market territory today. The 50-day SMA is underneath the Bollinger Middle Band. The Stochastic Oscillators are moving in a consolidation mode within the overbought zone.

As at present, bulls are strongly having a better trading stance at the expense of bears’ weakness, but a sudden forceful breakdown of around $5 mark could suggest an invalidation of longing more positions.

BNB/USD Short-term Trend: Bullish

Market price action has been in favor of Binance Coin as it is paired with the US dollar in the short-term run. A significant spike occurred this week on December 17, and that gave way to current uptrend movements in the market.

The market now seems to push northward below the Bollinger Upper Band. The 50-day SMA is a bit located above the Bollinger lower Band around $5.20 market point. The Stochastic Oscillators have slightly crossed at range 60 to point north.

Observably, the Bollinger Middle Band has the potency of supporting a long position while it is not broken southward.


Binance Coin (BNB) Long-term Price Analysis: Dec 16, 2018

BNB/USD Long-term Trend – Ranging

Distribution territories: $8, $9, $10
Accumulation territories: $3, $2, $1

The BNB/USD market worth has been experiencing choppy price movements around $5 mark over about a week until today. On December 12, the crypto weakly and briefly touched past the 14-day SMA northwards only to lose out to the US dollar on the following day.

The present range zones do surface around $5 and $4 marks in the long-term trade chart. The 50-day SMA is found at $7 market line over the 14-day SMA that is situated at $5 market line. The crypto-market has been trading below the 14-day SMA and within the range. The Stochastic Oscillators have crossed around range 25 to seemingly start a consolidation move that, yet, another warning that the bulls lack the potency of coming back into the BNB/USD trade.

The bulls may still be finding it uglier against the strong US dollar market valuation while this week’s trading sessions commence fully. Nevertheless, a strong reversal of a bearish move could give in to an upswing but may be short-lived; that is may lack sustainability.


Binance Coin (BNB) Daily Price Forecast: Dec 12, 2018

BNB/USD Medium-term Trend: Bullish

Distribution territories: $6.50, $7, $7.50
Accumulation territories: $4, $3.50, $3

Last week, between December 5 and 7, BNB/USD market valuation fell significantly after witnessing a high mark of around $6.70. The market dropped southwards against the trend-lines of both the middle Bollinger Band and the 50-day SMA on December 6 to find a new low mark briefly below the $4.50 market territory on Dec. 7.

Between then and until early parts of today’s trading sessions, the crypto ranged between $5 and $4.50 territories. As at now, the crypto is pushing northwards a bit above the $5 territory. The upper Bollinger Band has been stretched to touch the 50-day SMA from below. The Stochastic oscillators have headed upward to point north around range 70.

As the crypto is currently trying to push further northwards, $4.50 market territory remains the critical point that shouldn’t be broken southwards if a reversal emerges later on.

BNB/USD Short-term Trend: Bullish

The BNB/USD market has mainly been on an increase this week in the short-term run. The market has maintained a trading position over the 50-day SMA’s trend-line unlike yesterday, the crypto moved in a range below the 50-day SMA’s trend-line.

The middle Bollinger Band is located a bit above the 50-day SMA. The Stochastic Oscillators have crossed in the overbought zone to point south. That could mean bulls are getting weaker presently in the market.

The $4.80 market territory could stand as a current pivotal point as it is also the location at which the 50-day SMA is found now. A breakdown of the said point could lead to a fall below the $4.6 mark.


Binance Coin (BNB) Long-term Price Analysis: Dec 9, 2018

BNB/USD Long-term Trend – Bearish

Distribution territories: $9, $10, $11
Accumulation territories: $3, $2, $1

After a few weeks of facing rejections at the $5 mark, Binance Coin only strived to push northwards on December and on the following day it eventually averaged the $7 mark more closely. Shortly, the crypto suffered a momentum to strengthen it northwards further beyond many other distribution territories.

In the light of that, it began dropping while it got reversed against the $6 market point on December 6 as the 14-day SMA was breached southwards to briefly touch past the $5 price territory. The market has been trading below the 14-day SMA’s sell signal line. The stochastic Oscillators have crossed to point south at range 20 to signify a possibility of seeing further price downward movements.

The US dollar will continue to dominate the Binance Coin market as its recent high value has been completely erased about a few days. The market territories between $9 and $5 marks may be the zones where a strong correction could occur while a suddenly fierce up-swing market features.


Binance Coin (BNB) Daily Price Forecast: Dec 5, 2018

BNB/USD Medium-term Trend: Bullish

Distribution territories: $7.50, $8, $8.50
Accumulation territories: $4.50, $4, $3.50

Binance Coin has been strongly making a rebound movement against the US dollar market valuation since yesterday while both the middle and the 50-day SMA were breached northwards to touch the upper Bollinger Band. Both the two last week’s closer dimensional zones have now been erased by virtue of the crypto’s strong driving force in the market presently.

During the last week’s trading sessions, the crypto-market ranged around the $5. 50 until part of yesterday’s early trading hours. The upper Bollinger has been under intense stretching force by the BNB. The middle Bollinger Band is a bit located over the 50-day SMA. The Stochastic Oscillators have crossed at range 75 to point north direction below it.

Bulls are making a strong effort to consolidate their stand now in the market but the $5.50 is the market mark to suggest a downturn of the trend.

BNB/USD Short-term Trend: Bullish

As at the commencement of trading session this week, the BNB/USD market moved in a ranging mode until part of morning sessions yesterday. A spike occurred at the 50-day SMA’s trend-line to touch the upper Bollinger Band.

The crypto has now continued to build its driving strength against the upper Bollinger Band as the $6.50 mark has been the contending point to be broken northward to further support its bullish trend. The 50-day SMA is located underneath the Bollinger Bands. The Stochastic Oscillators have penetrated into the overbought zone.

However, bulls may soon relax their strength for a while but the $5.50 mark is the point that could signal an end to the current bullish movement if fiercely broken southwards.


Binance Coin (BNB) Long-term Price Analysis: Dec 2, 2018

BNB/USD Long-term Trend – Ranging

Distribution territories: $10, $11, $12
Accumulation territories: $3, $2, $1

After a long successive of featuring lower lows in the past weeks, BNB/USD began witnessing choppy market movements on November 21, while the crypto made a feeble stride at around $6 mark. The range boundaries are being depicted by the $6 and the $4 marks on the chart.

The BNB market has been suffering from the USD price worth under the sell signal line of the 14-day SMA over a week. There is a notable gap between the 50-day SMA and the 14-day SMA as the former is located over the latter. The Stochastic Oscillators are seemingly consolidating around range 20.

The present price range movement could continue stylishly within or around the aforementioned range boundaries in the next trading days or weeks. A strong breakdown of the lower range portion could allow the crypto touch past most of the accumulation territories below the $4 lower range mark. But, traders should pay a keen attention to bears’ trap while shorting their positions in the market.


Binance Coin (BNB) Daily Price Forecast: Nov 28, 2018

BNB/USD Medium-term Trend: Ranging

Distribution territories: $6.50, $7, $7.50
Accumulation territories: $4, $3.50, $3

There has been an occurrence of major lower lows in the BNB/USD market about a week ago. Most of the lower range movements occurred within the middle and lower Bollinger Bands until part of yesterday trading sessions.

The ranges have two closer dimensional zones and they are: $6.50 and $5.50 marks being the first range boundaries and the second comprise of $5.50 and $4.50 marks. The Bollinger Bands are within the second range as the 50-day SMA is located at the upper range point of $5.50 price territory. Price has been fluctuating below the upper range mark presently. The Stochastic Oscillators have briefly touched range 80 from below.

There are indications backing a potential downward price movement at this present trading time of this crypto. It could be stylishly drawn southwards to either test the last market low point or a slight push beyond it.

BNB/USD Short-term Trend: Bullish

The BNB/USD short-term trend also features two different range boundaries this week as similar to that of the medium-term. The lower range segment comprises of $5 and $4.80 marks, and the upper segment is a bit bigger with $5.40 and $5 marks.

Today, the crypto has featuring lower lows below the upper Bollinger Band. The 50-day SMA is located at the $5 market line, and a bit underneath the middle Bollinger Band. The Stochastic Oscillators have penetrated into the overbought zone to consolidate within it.

The BNB/USD trade could still witness a different line of lower lows as well as lower highs in the next trading hours or days to keep either of the two trading zone segments intact.


Binance Coin (BNB) Long-term Price Analysis: Nov 25, 2018

BNB/USD Long-term Trend – Bearish

Distribution territories: $10, $11, $12
Accumulation territories: $3, $2, $1

On November 19, a long Japanese bearish candlestick emerged in the BNB/USD market valuation, and it saw the market drop from $8 mark to $6.50 low mark on the day. The crypto continually dropping but on November 21, the market made a fake push northwards and got a reversal eventually below the $8 market line and the 14-day SMA’s trend-line to experience a further decline to the tune of $5.50.

The 50-day SMA is located over the 14-day SMA with a gap between them. The Stochastic Oscillators have penetrated into the oversold zone to consolidate their sitting within it.

Going by indicator reading, the current Stochastic Oscillator’s consolidation movement has indicated that there could still be a room for more downs than ups in the BNB/USD trading in the next coming days. Should the crypto be further pushed southwards, a correction may take place between the territories of $5.50 and $3 which could as well be used by the bulls to accumulate a much needful momentum to rebound back into the market.


Binance Coin (BNB) Daily Price Forecast: Nov 21, 2018

BNB/USD Medium-term Trend: Ranging

Distribution territories: $8.50, $9, $9.50
Accumulation territories: $4.50, $4, $3.50

In the BNB/USD market line last week, there was an amount of notable bearish candlesticks between Nov. 14 and 16. On November 17 and 18, the crypto experienced a choppy market move within a range.

The range was eventually breached southwards from the $8 price territory to let in the bears’ force as the lower Bollinger Band got stretched along downward to test the $5.50 mark yesterday. The crypto now appears to enter new range territories depicted by the $6.50 and the $5.50 horizontal market lines. The 50-day SMA is located between the upper and the middle Bollinger Bands. The Stochastic Oscillators have feebly crossed at range 25 to seemingly start a consolidation movement around it

There have been indications that this crypto is now mustering a momentum within the said range to support its eventual upward swing that could result in a breakout of the upper range market line.

BNB/USD Short-term Trend: Bullish

There have been more ups than downs in the BNB/USD market movements today. The BNB has slightly been on an increase moving mode while the $5.50 market remained unbroken southward by the bears in the short-term running.

Unlike Monday and yesterday, the crypto basically saw a significant price decline. The 50-day SMA is located along with upper Bollinger Band over the middle Bollinger Band. The market has currently traded around the middle Bollinger Band. The stochastic Oscillators have touched range 75, and they have crossed a bit to point south direction. That could mean that the crypto is losing the driving force of the market.

Nevertheless, an upward swing price action is expected to take place soon especially while a strong reversal takes place against the last market low value of the $5.50 mark.


Binance Coin (BNB) Long-term Price Forecast: Nov 18, 2018

BNB/USD Long-term Trend – Ranging

Distribution territories: $12, $14, $16
Accumulation territories: $8.50, $6.50, $4.50, $2.50

There has been a fierce decline in the BNB/USD market valuation since the last November 14 major bearish move that featured across most of the crypto-markets’ trading sessions. Since then, the crypto has been consistently falling and, simultaneously featuring fake corrections as all the bearish candlesticks about three days back have only gotten a short or a merely long bottom shadow each.

It’s needed to be recalled that last week, the pair experienced a range movement around the $10 and $9.50 territories. The market began its falling journey a bit below the $9.50 mark to touch the $7.50 market line on November 17. The 50-day SMA is found at the top of the 14-day SMA. The Stochastic oscillators have just penetrated into the oversold zone to denote an oversold trading condition of this crypto-market.

Placing of long positions may be suspended for a while as a result of bears’ deceit weakness in the market that can easily cause a bulls’ trap. The pair may still be pushed southwards furthermore in the next trading sessions to let the bulls accumulate a solid grand for a comeback.


Binance Coin (BNB) Daily Price Forecast: Nov 14, 2018

BNB/USD Medium-term Trend: Bearish

Distribution territories: $9.80, $10.30, $10.80
Accumulation territories: $9, $8.50, $8

Last week’s Wednesday, the trading activities between the BNB and the USD featured a sizable amount of price ranging movements. There has been a notable degree of decline on November 8, while the crypto met a strong price area at around $9.90 mark.

The middle Bollinger Band was firstly breached southward and the 50-day SMA was also eventually broken southwards on Nov. 9 and since then, the market has been pushing further southwards around the lower Bollinger Band.

Today, the market line has dropped a bit past the $9.20 low. The market now seems to be hovering around the $9.30 and the $9.20 territories. The 50-day SMA is located above the Bollinger Bands. The Stochastic Oscillators have closed to seemingly start a consolidation move around range 20. That signifies that bears are not completely exhausted yet in the market but traders should keep a watch for a reversal to consider a long entry.

BNB/USD Short-term Trend: Bearish

This week, the BNB/USD market also experienced a ranging price movement until yesterday as it did before the writing. The only difference was that the ranging movements featured within the $9.60 and the $9.40 territories.

Today, the lower range has been breached southward to the low tune of $9.17 mark. The market has been trading around the lower Bollinger Band. The 50-day SMA is a bit underneath the upper Bollinger Band. The Stochastic Oscillators appear to be consolidating around range 40.

It appears that bearish movements are still somewhat having a higher advantage of this crypto-market trading as at now. Nevertheless, a strong reversal against the $.930 territory could give rise a bullish trend.


Binance Coin (BNB) Long-term Price Forecast: Nov 11, 2018

BNB/USD Long-term Trend – Ranging

Distribution territories: $12, $14, $16
Accumulation territories: $8.50, $6.50, $4.50

Binance Coin has earlier risen within the range against the US dollar market valuation from the $9.50 territory to briefly test beyond the $10 territory on November 7. On the following day, Nov. 8, the crypto encountered a retarding force around the said territory as the US dollar prevailed to push the market back to touch its earlier rising point.

Over a week and a few days back, the BNB/USD market line has been moving around the $10 and the $9.50 territories. The 50-day SMA’s trend-line is sticky to the $10 horizontal price line to affirm the present line that could denote another bullish starting point for the crypto. The Stochastic Oscillators have crossed below the upper range to point south above range 40.

As it has been depicted by indicators reading as at now, the BNB/USD market is potentially showcasing the possibility of being dragged southwards to test the $9 price territory or a bit past to probably locate a strong foundation for a bullish market. The $9.50 territory could be a decent entry for a long position especially while it is in the first place breached southward and a reversal follows soon afterward.


Binance Coin (BNB) Daily Price Forecast: Nov 7, 2018

BNB/USD Medium-term Trend: Ranging

Distribution territories: $10.25, $10.75, $11.25
Accumulation territories: $9.25, $8.75, $8.25

BNB/USD market has been noticeably moving in a ranging manner by means of featuring lower highs and yet keeping the same last week’s range territories. On November 1, the crypto dropped from the range median point to test the lower range point and, on Nov. 3, it picked up to rise and slightly succeeded at pushing past the upper Bollinger Band within the range.

Between Nov. 5 and 6, there was majorly a price ranging style within the upper and the middle Bollinger Bands. Today, the crypto has managed to briefly test past the upper range point. The market has now been traded around the upper Bollinger Band as the 50-day SMA’s trend-line is located very close to the lower Bollinger Band. The Stochastic Oscillators have appeared to briefly point south a bit above range 60.

It would be worthwhile to await strong price action having a reversal from a bearish move to launch a long position.

BNB/USD Short-term Trend: Ranging

Since the trading sessions commence today, the BNB/USD market has also been ranging within well-defined boundaries of the $10 and $9.80. In an actual sense, the crypto has briefly witnessed the market a bit above the $10 price territory.

Yesterday, most of the price ranging movements were within $9.80 and $9.60 territories. In the short-term, the trading indicators are situated within the $10 and $9.60 price lines. Price has been hovering around the middle Bollinger Band as the 50-day SMA’s trend is located underneath it. The Stochastic Oscillators have crossed faintly to point south below range 60. That means a downward price movement may soon be experienced and, it could be in a way of featuring lower lows.


Binance Coin (BNB) Long-term Price Forecast: Nov 4, 2018

BNB/USD Long-term Trend – Ranging

Distribution territories: $13, $15, $17
Accumulation territories: $8, $6, $4

There has been a mere difference in the BNB/USD valuation this week as compared to what was obtained during the trading sessions last week. There has been only more featuring of lower lows than lower highs within a range.

The market has once again tried to push southwards past the last low price of October 15 but bears have yet not been succeeded at it. Price has only been fluctuating a bit above the $9 price territory under the 14-day SMA’s trend-line. The 50-day SMA is located over the 14-day SMA with a short space. The Stochastic Oscillators have crossed and moved from the oversold zone to point north briefly above range 40. That sound a notice that bulls are somehow coming back to take the market force charge.

There is no strong conviction that this crypto will soon surge northwards past the last high of $12 mark during the next few trading days. The SMA trading indicators should serve as a foundation in case they are broken northwards while there is a sudden bullish market emergence.


Binance Coin (BNB) Daily Price Forecast: Oct 31, 2018

BNB/USD Medium-term Trend: Ranging

Distribution territories: $10.25, $10.75, $11.25
Accumulation territories: $9, $8.50, $8

It has been closely observed that the BNB/USD market worth is still being in a ranging motion outlook until present. The crypto actually dropped in its market value on October 29 but that still occurred within the range territories that have neither been breached southwards nor northwards convincingly.

During the dropping motion, the market declined a bit below the $9.50 lower range territory to start hovering around it till now. The 50-day SMA’s trend-line is a bit below the upper Bollinger Band while the lower Bollinger Band has also stretched southward a bit below the $9.50 lower range line to guard against a possibility of this crypto falling further from that point. The Stochastic Oscillators have penetrated into the oversold zone.

There is a probability that this market will still continue in its consolidation movement that may mostly favor Shorty lows than ups so far the middle Bollinger Band or the 50-day SMA’s trend-line remained un-breached northwards.

BNB/USD Short-term Trend: Ranging

BNB/USD market valuation declined significantly on October 29 while been traded in the short-term run. As a result, the former range was convincingly breached southwards to encounter a strong territory at around $9.37.

Yesterday, the crypto strived to swing northward slightly around the $9.50 territory but in the short run lost momentum to rise further as it declined to range along with the middle Bollinger Band. Today, the $9.50 and $9.30 price territories have been marked as current range zones. All the economic trading indicators are also within the said zone as at now. The Stochastic Oscillators seem to continue its consolidation movement around range 40. A non-reversal breakout against the $9.40 territory is expected to take place in order to confirm a directional change of the current market moving mode.


Binance Coin (BNB) Long-term Price Forecast: Oct 28, 2018

BNB/USD Long-term Trend – Ranging

Distribution territories: $13, $15, $17
Accumulation territories: $8, $6, $4

The $11 and $9 price territories have been the BNB/USD market trading zone of the ranging movements so far. Around the $10 middle range price point now looks like the area where the ranging movements have been largely dominated.

The crypto still lacks the strength to push up the current market value beyond the $11 upper price range territory. Price has been tightly traded along with the two conjoined SMAs and, yet within the range until now. The Stochastic Oscillators have appeared to start a consolidation move around range 20. That indicates a precautionary warning that traders need to take to while placing a trading position in order to avoid unnecessarily been trapped in the market.

Going by the indicators reading, the BNB/USD market will probably continue to witness price ranging movements within the same range in the next trading days or week. A long position could be placed while price action is reversed against the $9 and $10 price territories. Investors should be wary of the $12 price territory and above while considering joining the market.


Binance Coin (BNB) Daily Price Forecast: Oct 24, 2018

BNB/USD Medium-term Trend: Ranging

Distribution territories: $10.75, $11.75, $12.75
Accumulation territories: $9.25, $8.50, $7.75

The BNB/USD market still commences its price ranging movements that it has embarked upon over a week and a few days back. Between Oct. 20 and 21 trading sessions, the crypto ranged very tightly around the upper and middle Bollinger Bands with the 50-day SMA.

About October 22, Tuesday of this week, the crypto has been basically featuring lower lows within the middle and lower Bollinger Bands. As at now, the market has been very inactive along with the middle Bollinger Band below the $10.50 price territory. The 50-day SMA is located slightly above the Bollinger Bands to maintain a stance around the said price territory. The Stochastic Oscillators have moved upwards to seemingly conjoin below range 60. That signifies that the market may soon enter a consolidation moving mode. A trade-able bearish reversal may soon come up in a favor of a bullish market.

BNB/USD Short-term Trend: Ranging

During the start of these trading sessions of the BNB/USD market in the short-term run, the crypto was visibly pushed southwards to test a rejection line at $9.80 price territory. Yesterday, the crypto pulled up and got pushed northwards to get past through the middle and upper Bollinger Bands with the 50-day SMA’s trend-line to slightly moving a bit above $10 price territory.

Today, the market has briefly experienced an amount of lower lows around $10 and $9.9 price territories. The 50-day SMA has been aligned with middle Bollinger Band as price has also been fluctuating along with them. The Stochastic Oscillators have appeared to have freshly joined below range 40. Traders are now advised to watch out for a decent long entry.


Binance Coin (BNB) Long-term Price Forecast: Oct 21, 2018

BNB/USD Long-term Trend – Ranging

Distribution territories: $13, $15, $17
Accumulation territories: $8, $6, $4

BNB/USD still moves in continuation of the last price ranging movements as been featuring within the same range-bound zone a couple of weeks back. The last October 11 market decline has remained the major effect on the crypto’s trading stance until present.

The Binance Coin market has now been fluctuating between $10 and $9 price territories. The two SMAs have conjoined a bit above the $10 price territory. The Stochastic Oscillators have touched range 20. They now appear to start a consolidation moving mode around it. This depicts that the crypto is mustering a strength that may either turn on a bullish trend or a bearish market continuation condition.

The market trending direction of this crypto is still expected to be slightly driven southwards so as to let the crypto have a strong foundational base for its upward stride in the market. The $9 and $10 price territories are worthy of looking out for while a presumable reversal price action takes place against those two price lines. Traders may join the market by entering a long position while that assumption plays out accordingly.


Binance Coin (BNB) Daily Price Forecast: Oct 17, 2018

BNB/USD Medium-term Trend: Ranging

Distribution territories: $12, $13, $14
Accumulation territories: $9, $8, $7

As at the last week’s day trading session and the first day trading day of this week, BNB/USD market line was emphatically seen ranging around $10 and $9.50 price territories. On October 15, the crypto eventually suddenly gained a greater advantage of the market and that led to pushing of the pair northwards to average $12 price territory.

Shortly, the crypto pulled back to around $10.50 territory to begin having a chain of lower highs and lower lows. $10.50 and $10 price territories have been the current range within which price has been traded as the middle Bollinger Band is a bit above the 50-day SMA. The Stochastic Oscillators have touched moved past range 40 to point south-east direction. That denotes that bearish trend may still be favored for a while.

BNB/USD Short-term Trend: Ranging

BNB/USD market valuation moved in a range a few days back before the market commencement trading sessions of this week. About a couple of days in this week, the middle Bollinger Band with the 50-day SMA’s trend-line and the upper Bollinger Band were all together suddenly breached northwards.

The market price point at $11 had been traded against. Yesterday, the crypto was moving within the Bollinger Bands marked by $10.50 and $10 price territories. Today, the ranging continues to feature mostly around the lower Bollinger Band. The Stochastic Oscillators have crossed to point south a bit above range 40 to suggest that bears market is probably around in the market. But, a strong pull-back move against $10 price territory could lead to bullish trend resumption.


Binance Coin (BNB) Long-term Price Forecast: Oct 14, 2018

BNB/USD Long-term Trend – Ranging

Distribution territories: $13, $15, $17
Accumulation territories: $8, $6, $4

BNB market worth also saw a significant decline against the U.S. dollar price value while active trading took place on October 11. It has closely noted that the U.S. dollar market value over weighted basically all the cryptocurrencies paired with it on that day.

The lower range territory of this crypto was breached southwards briefly to encounter a blockage around $9.30 or thereabouts. The crypto has now been experiencing ranging price movements after the last decline until now. The two SMAs are found been conjoined slightly over the territory where price has now been hovering. The Stochastic Oscillators have moved slightly past range 40 to point south. This depicts that downward price movements are still ongoing in the market.

The $8 immediate accumulation price territory will remain the critical point that could spell a doom should it be aggressively breached southwards. A quick reversal against the point could possibly serve as a strong correction that bulls may eventually build its driving capacity to get back into the market.


Binance Coin (BNB) Daily Price Forecast: Oct 10, 2018

BNB/USD Medium-term Trend: Bearish

Distribution territories: $10.70, $10.90, $11.10
Accumulation territories: $10.10, $9.90, $9.70

A few days ago, Binance Coin successively appreciated in its market price valuation against the U.S. dollar as it featured lower highs than lows. The successive lower highs got stopped while the crypto moved slightly above the middle Bollinger Band to start a ranging price movement.

In the medium-run, the crypto was overwhelmed by bears’ presence as the BNB/USD market value was dragged southward to briefly break past both the 50-day SMA and the lower Bollinger Band. Price has now been hovering between the middle Bollinger Band and the lower Bollinger Band as the 50-day SMA is located between them as well. The Stochastic Oscillators have moved south to seemingly starting to cross to point north. Traders may wait for a good active bearish reversal to launch a long entry.

BNB/USD Short-term Trend: Ranging

As at yesterday, the U.S. dollar basically prevailed over the Binance Coin market price valuation. The crypto had initially made a notable spike as the market price point saw a major high of around $10.62 or thereabouts as at during the early trading hours.

The crypto was prevailed by bears, and the market value was pushed southwards from the middle Bollinger Band past both the 50-day SMA and the lower Bollinger Band to touch the $10.24 price territory. Thereafter, it started making a correction as the price moved a bit up to test $10.44 price territory around the middle Bollinger Band. Price has now been traded between both the middle and lower Bollinger Bands. The Stochastic Oscillators have briefly moved past range 40 to point north. This suggests that bullish market may soon be experienced in the market of Binance Coin.


Binance Coin (BNB) Long-term Price Forecast: Oct 7, 2018

BNB/USD Long-term Trend – Ranging

Distribution territories: $13.000, $15.000, $17.000.
Accumulation territories: $8.000, $6.000, $4.000.

Basically, there was visible re-featuring of lower lows and lower highs in the BNB/USD market trading sessions over two weeks. In about a week and some days back, most of the choppy movements occurred underneath both the two SMAs’ trend-lines.

It has also been noted that the ranging movements have come to take place within three different horizontal lines of $12.000, $10.000, and $8.000 respectively. Price has been hovering slightly above the two SMAs as they are both closely located around the $8.000 horizontal line. The two SMAs have conjoined as they maintain an east direction. The Stochastic Oscillators have moved slantingly north-east towards range 80. This suggests that neither bulls nor bears have been able to gain the BNB/USD market advantage as at now.

There are probably factors that the BNB/USD will still have to experience lower lows or slight downward price movement towards the immediate accumulation territory of $8.000 in the next trading sessions. A decent bearish reversal may have a great opportunity for placing a long entry position.


Binance Coin (BNB) Daily Price Forecast: Oct 3, 2018

BNB/USD Medium-term Trend: Bullish

Distribution territories: $10.800, $11.000, $11.200
Accumulation territories: $9.800, $9.600, $9.400

BNB/USD as at the beginning of trading hours yesterday moved frequently in a ranging style along both the middle Bollinger Band and the 50-day SMA. Both bull and bear were almost having an equal driving advantage against each order.

But, in the medium run, the bull got the harder push as the crypto market price was driven northward past the upper Bollinger Band to touch $10.600 price territory. Presently, the market price line has been hovering around $10.400 and $10.100 price territories. The Stochastic Oscillators are seemingly consolidating around range 60. Traders are advised to watch out for a bearish reversal to consider launching a long position entry.

BNB/USD Short-term Trend: Bullish

In about a few days ago, this crypto was experiencing most of its market price movements within a well-defined range-bound region marked at $10.000 and $9.800. A few hours before yesterday lapsed, BNB/USD suddenly started seeing its price value getting pushed upward to rebound off the range.

The market price line further got pushed upwards past the upper Bollinger Band and also distinctively over the $10.400 price territory. As at now, the crypto is seemingly making a correction from the last price hike as price has been traded around the territories of $10.300 and $10.000. The Stochastic Oscillators have crossed briefly above range 40. They are seemingly pointing north. This denotes that bullish trend is probably finding its way back to continue on a bullish market trend mode.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute inancial advice. Always do your own research.