{"id":379981,"date":"2019-04-27T17:00:58","date_gmt":"2019-04-27T17:00:58","guid":{"rendered":"https:\/\/ktsl888.com\/?p=379981"},"modified":"2024-06-11T18:28:31","modified_gmt":"2024-06-11T18:28:31","slug":"binance-coin-bnb-likely-to-hit-40-than-drop-to-15","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/binance-coin-bnb-likely-to-hit-40-than-drop-to-15\/","title":{"rendered":"Binance Coin (BNB) Likely To Hit $40 than Drop to $15"},"content":{"rendered":"<ul>\n<li><em>BNB prices stable but can expand to $41<\/em><\/li>\n<li><em>Binance fundamentals supportive for BNB<\/em><\/li>\n<\/ul>\n<p><em>With the launch of Binance chain and Binance DEX, Binance Coin (BNB) could benefit from increasing demand as Binance is one of the few trusted exchanges according to OpenMarketCap. Thus far, it is ranging with support at $20.<\/em><\/p>\n<h2>Binance Coin Price Analysis<\/h2>\n<h3>Fundamentals<\/h3>\n<p>Simply put, Binance Coin (BNB) is a loyalty coin. Operating from the world\u2019s largest exchange by adjusted volume, Binance, which is less than three years, the coin is a top performer increasing by triple digits in the last five months.<\/p>\n<p>From a fundamental and technical point of view, the coin would likely add more in the coming months if not years. Much has been said about the launch of their DEX and how successful it is. But before succeeding where others are struggling in, Binance must prove that there is sufficient liquidity and is fast enough. That would avert algorithmic trading exploitation while a complementing UX would attract new users confident on security and control of their asset.<\/p>\n<p>Because BNB is the native currency whereby use confers advantages, operation from Binance, Binance DEX and demand from all listed projects willing to raise funds from their Launchpad is overly bullish for the coin. Investor demand is perhaps one of the reasons why Binance Coin is now available in three exchanges including <a href=\"https:\/\/www.livecoin.net\/en\/trading\/BNB_ETH\" rel=\"nofollow\">Livecoin<\/a>. Combine that with quarterly coin burns and FOMO; it\u2019s easy to be confident on the coin.<\/p>\n<h3>Candlestick Arrangement<\/h3>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-379978\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/Binance-Coin-Daily-Chart-Apr-27.png?resize=1280%2C1024\" alt=\"Binance BNB\" width=\"1280\" height=\"1024\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/Binance-Coin-Daily-Chart-Apr-27.png?w=1280 1280w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/Binance-Coin-Daily-Chart-Apr-27.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/Binance-Coin-Daily-Chart-Apr-27.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/Binance-Coin-Daily-Chart-Apr-27.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/Binance-Coin-Daily-Chart-Apr-27.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/Binance-Coin-Daily-Chart-Apr-27.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>Back to price and after a parabolic rise, <a href=\"https:\/\/ktsl888.com\/2019\/03\/25\/binance-coin-bnb-100-percent-surge-not-an-impossibility\/\" target=\"_blank\" rel=\"noopener noreferrer \">Binance coin (BNB)<\/a> is cooling off. Ranging within a $6 zone with supports at $20\u2014the middle BB and $26, bears seem to be back. Of note is the doubling of price, the inevitable overpricing of Apr-20 and then current correction.<\/p>\n<p>Even so, bulls are in control, and as every dip is another loading opportunity printing out in a clear uptrend, any drop below $20 would temporarily allow sellers to dominate. In that case, it is likely that BNB will hit $16.<\/p>\n<p>On the flip side, any high volume gain blasting above $26 would trigger another wave of higher high that would see BNB test $41 or the 161.8 percent Fibonacci extension level of the coin\u2019s high low.<\/p>\n<h2>Technical Indicator<\/h2>\n<p>Down 2.8 percent in the last day, guiding Binance Coin price action is Apr-19, a wide-ranging bar, confirming gains of the week ending Apr-6. Since buyers are in charge, effort versus reward analysis indicates that any surge above $26 should preferably be with transaction volumes exceeding averages of 2.5 million and most importantly, 3.7 million of Apr-19.<\/p>\n<p><strong><em>Chart courtesy of Trading View<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BNB prices stable but can expand to $41 Binance fundamentals supportive for BNB With the launch of Binance chain and Binance DEX, Binance Coin (BNB) could benefit from increasing demand as Binance is one of the few trusted exchanges according to OpenMarketCap. Thus far, it is ranging with support at $20. Binance Coin Price Analysis Fundamentals Simply put, Binance Coin (BNB) is a loyalty coin. Operating from the world\u2019s largest exchange by adjusted volume, Binance, which is less than three years, the coin is a top performer increasing by triple digits in the last five months. From a fundamental and technical point of view, the coin would likely add more in the coming months if not years. Much has been said about the launch of their DEX and how successful it is. But before succeeding where others are struggling in, Binance must prove that there is sufficient liquidity and is fast enough. That would avert algorithmic trading exploitation while a complementing UX would attract new users confident on security and control of their asset. Because BNB is the native currency whereby use confers advantages, operation from Binance, Binance DEX and demand from all listed projects willing to raise funds from their Launchpad is overly bullish for the coin. Investor demand is perhaps one of the reasons why Binance Coin is now available in three exchanges including Livecoin. Combine that with quarterly coin burns and FOMO; it\u2019s easy to be confident on the coin. Candlestick Arrangement Back to price and after a parabolic rise, Binance coin (BNB) is cooling off. Ranging within a $6 zone with supports at $20\u2014the middle BB and $26, bears seem to be back. Of note is the doubling of price, the inevitable overpricing of Apr-20 and then current correction. Even so, bulls are in control, and as every dip is another loading opportunity printing out in a clear uptrend, any drop below $20 would temporarily allow sellers to dominate. In that case, it is likely that BNB will hit $16. On the flip side, any high volume gain blasting above $26 would trigger another wave of higher high that would see BNB test $41 or the 161.8 percent Fibonacci extension level of the coin\u2019s high low. Technical Indicator Down 2.8 percent in the last day, guiding Binance Coin price action is Apr-19, a wide-ranging bar, confirming gains of the week ending Apr-6. Since buyers are in charge, effort versus reward analysis indicates that any surge above $26 should preferably be with transaction volumes exceeding averages of 2.5 million and most importantly, 3.7 million of Apr-19. Chart courtesy of Trading View<\/p>\n","protected":false},"author":384,"featured_media":379127,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[10768,13291,17195,11427],"class_list":["post-379981","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-binance","tag-binance-coin","tag-binance-dex","tag-bnb"],"acf":[],"yoast_head":"\n<title>Binance Coin (BNB) Likely To Hit $40 than Drop to $15<\/title>\n<meta name=\"description\" content=\"Binance coin (BNB) is on a roll and up three digits in the last five months. With supporting development, a rally to $40 likely than a drop to $15.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/binance-coin-bnb-likely-to-hit-40-than-drop-to-15\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Binance Coin (BNB) Likely To Hit $40 than Drop to $15\" \/>\n<meta property=\"og:description\" content=\"Binance coin (BNB) is on a roll and up three digits in the last five months. With supporting development, a rally to $40 likely than a drop to $15.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/binance-coin-bnb-likely-to-hit-40-than-drop-to-15\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-27T17:00:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T18:28:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/crypto-binance-bitcoin-shutterstock_1172003866.jpg?fit=4000%2C2666\" \/>\n\t<meta property=\"og:image:width\" content=\"4000\" \/>\n\t<meta property=\"og:image:height\" content=\"2666\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dalmas Ngetich\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Dalmas_Ngetich\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dalmas Ngetich\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/binance-coin-bnb-likely-to-hit-40-than-drop-to-15\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/binance-coin-bnb-likely-to-hit-40-than-drop-to-15\/\"},\"author\":{\"name\":\"Dalmas Ngetich\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/08a2c46e8c02b51b9464d6e0bf2b1586\"},\"headline\":\"Binance Coin (BNB) Likely To Hit $40 than Drop to $15\",\"datePublished\":\"2019-04-27T17:00:58+00:00\",\"dateModified\":\"2024-06-11T18:28:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/binance-coin-bnb-likely-to-hit-40-than-drop-to-15\/\"},\"wordCount\":433,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/binance-coin-bnb-likely-to-hit-40-than-drop-to-15\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/crypto-binance-bitcoin-shutterstock_1172003866.jpg?fit=4000%2C2666\",\"keywords\":[\"Binance\",\"Binance Coin\",\"binance dex\",\"BNB\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ktsl888.com\/news\/binance-coin-bnb-likely-to-hit-40-than-drop-to-15\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/binance-coin-bnb-likely-to-hit-40-than-drop-to-15\/\",\"url\":\"https:\/\/ktsl888.com\/news\/binance-coin-bnb-likely-to-hit-40-than-drop-to-15\/\",\"name\":\"Binance Coin (BNB) Likely To Hit $40 than Drop to $15\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/binance-coin-bnb-likely-to-hit-40-than-drop-to-15\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/binance-coin-bnb-likely-to-hit-40-than-drop-to-15\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/crypto-binance-bitcoin-shutterstock_1172003866.jpg?fit=4000%2C2666\",\"datePublished\":\"2019-04-27T17:00:58+00:00\",\"dateModified\":\"2024-06-11T18:28:31+00:00\",\"description\":\"Binance coin (BNB) is on a roll and up three digits in the last five months. 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His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he broke key news, including the Ripple and MoneyGram partnership, cementing his position as a thought leader in crypto. The news exploded. Over 100,000 people devoured this meticulously crafted report, from seasoned investors to curious newcomers. His analysis wasn't just dry facts and figures; it crackled with insight, dissecting the implications of the partnership and its potential impact on the future of finance. His deep understanding of the financial markets, technological advancements, and blockchain developments has made him a respected voice in the industry. Dalmas is also the founder of BTC-Pulse, a crypto news site, further demonstrating his commitment to the field. He firmly believes that DeFi and NFTs are here to stay and will continue to drive financial inclusion. Coming from Nairobi, Kenya, it is easy to see the source of his inspiration: Across Africa, millions lack access to traditional banks. Remote villages, limited documentation, and high minimum balances create insurmountable barriers. DeFi, not just Maker or Aave, for example, but think of Bitcoin and USDT, cuts out the middleman. Forget banks with their limitations. Even so, DeFi isn't a magic solution. The continent still struggles with reliable internet access, and educational campaigns highlighting the benefits of this wonderful solution are insufficient. Moreover, even for those interested, understanding DeFi can look like learning a new language. Dalmas is here to help make the tech easy to understand and digestible, even for beginners. The story of DeFi in Africa is still being written. Challenges abound, but the promise of a more inclusive financial future is a powerful motivator. With innovation and collaboration, Dalmas firmly believes that DeFi could become the key to unlocking Africa's full economic potential. This possibility and its immense value motivate Dalmas to continue breaking key DeFi innovations and more across the globe. His engineering background further enhances his ability to deliver well-thought-out pieces that blend technical insight with clear, impactful reporting. Beyond his professional achievements, Dalmas is deeply passionate about technology and politics. Policies drive adoption, and being at the forefront and keeping up with how they evolve is crucial for the sphere to mature. When Dalmas is not closely monitoring the latest crypto events, he can be found in nature, exploring the picturesque countryside, and traveling with his family and friends. His love for adventure and discovery perfectly complements his investigative and reporting skills. 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