Binance (BNB) Price Prediction Forecast: Will BNB reach $1000 in 2021?

Binance (BNB) Price Prediction
  • Bullish BNB price prediction forecast for 2021 is up to $700.
  • BNB price prediction forecast 2025 is up to $1090

The crypto world never fails to surprise its community and its investors in and out of the crypto space. In particular, the non-fungible tokens (NFT) are now taking the crypto space by storm. This is all made possible with the blockchain system provided by some crypto networks. In detail, this crypto network helps NFT startups to build their projects on blockchain. One of these crypto projects is the Binance crypto (BNB).

The Binance crypto network designed a project called Binance Smart Chain. This project allows new startup projects to build and design their own crypto projects using the BSC blockchain. With the help of Binance’s reputation in the crypto community, the BSC system became one of the famous blockchains used by developers with BNB crypto as its main token.

Do you think BNB is a good investment and has the potential to surge higher beyond expectations this year? Therefore, what are you waiting for? Join me in this BNB price prediction article to know the future of BNB. But, before that, let us first see the technology behind the BNB crypto.

Overview (At the time of writing)

CryptocurrencyBinance (BNB)
TokenBNB
Price$423.7
Market Capitalization$65,241,638,095
Circulating Supply154,533,651
Trading Volume$1,631,512,785
All-Time High$686.31
All-Time Low$0.03981770

What is BNB

BNB is one of the most aggressive digital assets in the crypto world. In detail, the Binance exchange is one of the network projects that made crypto famous around the world. Aside from being famous, the BNB crypto has already gained the trust of most investors in the crypto world. Through this, the crypto was able to attract more traders and crypto holders to invest in the network.

Aside from the Binance exchange, the crypto also designed a project called Binance Smart Chain. In particular, this project enables crypto startups to build their crypto networks using the BSC blockchain. One of the benefits of using the BSC blockchain is that developers and users can enjoy fast transaction speed with low gas fees. 

BNB Market Position

So far, BNB maintains its position within the top ten cryptos in CoinGecko. At the time of writing, BNB trades a decent amount of over $330 with a trading volume of almost $1.4 billion. In terms of market position, the market cap of BNB amounts to over $51 billion. This is also one reason why BNB sits beside strong cryptos such as Bitcoin and Ethereum.

At the time of writing, the BNB crypto ranks third in the CoinGecko platform. Furthermore, the crypto is one of the most visited digital assets in the CoinGecko platform. Why? Simple, because BNB is one of the all time famous crypto right now in the crypto world.

Binance (BNB) Price Prediction 2021

By far, BNB remains one of the strongest digital assets in the crypto space despite the bearish market in the past months. This is due to the continued developments that are happening in the network’s blockchain.

Do you think BNB can continue to hold its position in the coming days, or will it collapse? Join me, and together, let us check the charts in this BNB price prediction article.

ALMA Indicator (Source: TradingView)

Based on the graph above, BNB was able to record a price surge of over 145% from May to August. This price surge of the crypto enables BNB to free itself from the bearish territory. As a result, the crypto right now is now moving in an uptrend position with a chance to boost more in the following days. Indeed, this aggressive move by the crypto catches the attention of global investors around the world.

At the time of writing, BNB trades at a decent price of over $400 with a growth rate of +21% in the past seven days. Furthermore, BNB continues to move within ALMA, a bullish indicator. If this goes on, BNB might have the chance to push further and break its $520 resistance level. Truly, if this happens, this will bring joy to all the holders and investors of the crypto.

(Source: TradingView)

Best of all, BNB can even surge higher than its resistance level of $520. In detail, if BNB will be able to do it’s all mighty pump once again (+145%), the BNB price will fly. In other words, BNB can even reach a skyrocketing price of over $1000 in no time. Of course, this price surge will be possible if the investors and the bullish market remain in favor of the crypto.

RSI Indicator (Source: TradingView)

Meanwhile, the Relative Strength Index (RSI) of the crypto remains to be in a neutral state. In short, BNB is neither oversold or overbought. This means that traders can continue trading without worrying about any major price reversal. On the other hand, it is wise that traders stick to the rules of the indicator that they are using. Through this, traders can have a solid strategy on how to deal with the wild swing of the crypto market.

Conclusion

Binance continues to be one of the most aggressive digital assets in the crypto space. Therefore, the conclusion for the BNB price prediction in 2021 amounts to $700. However, this forecast still depends on how the market will treat BNB in the next month of the year.

Aside from our BNB price prediction 2021, we will also share some of the forecasts other crypto analysis platforms make.

Market Prediction for Binance (BNB) Price 2021

Digitalcoin

Digitalcoin is one of the trusted names in the crypto world, as the firm claims. This is because it has already established accurate cryptanalysis and the latest news stories over time. For this reason, the 2021 forecast of Digitalcoin for BNB amounts to $634.45.

TradingBeasts

TradingBeasts is one of the crypto networks that based its prediction and analysis using historical data with the combination of linear and polynomial regressions. As a result, the price forecast of TradingBeasts for BNB price prediction 2021 will reach the price of $481.003.

Wallet Investor

By using their latest technical analysis, the platform updates its network prices and predictions every three minutes. For this reason, the 1-year forecast of Wallet Investor for BNB amounts to $799.

Market Prediction for Binance (BNB) Price 2022, 2023, 2024 and 2025

Binance (BNB) price prediction 2022 is upto $777.03 USD (estimated)

Binance (BNB) price prediction 2023 is upto $741.27 USD (estimated)

Binance (BNB) price prediction 2024 is upto $964.03 USD (estimated)

Binance (BNB) price prediction 2025 is upto $1,090.14 USD (estimated)

FAQ

Is Binance (BNB) a good investment?

Based on the performance made by BNB in the past months, we can say that BNB has performed well in maintaining its uptrend position. Therefore, BNB can be considered a good investment. But of course, do your own research.

Will Binance (BNB) prices go up?

The BNB crypto is one of the trusted digital assets in the crypto space. If this continues, there is a big chance that BNB price might surge even further.

Why is the Binance (BNB) going down?

The price of BNB goes down due to many reasons. One of the common reasons is the wild volatility of the crypto market. 

How to buy Binance (BNB)?

The BNB crypto can be bought on exchanges such as Binance. Furthermore, the Binance exchange also is the native crypto exchange of the Binance network.

Is Binance (BNB) Crypto?

Yes, BNB is a crypto asset of the Binance network. Interestingly, the Binance crypto is one of the top ten cryptos in CoinGecko. 

Disclaimer: The technical analysis expressed in this article does not necessarily reflect the views of CryptoNewsLand (CNL). Readers of this article should not take this as financial advice. CNL strongly recommends that all users do their own in-depth research before investing in cryptocurrency.

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