BNB (BNB) Technical Analysis
$ 282.98 1.25%
Rank #5
Last update at the same time 2022-09-29T17:02:07.032Z
Technical Analysis of BNB (BNB)
BNB . capitalization fundamentals
Market capitalization:
US $ 45,655,721,125.68
Trading volume in 24 hours:
US $ 839,450,087.19
Fully diluted pricing:
US $ 56,596,623,516.76
US $ 45,655,721,125.68
Trading volume in 24 hours:
US $ 839,450,087.19
Fully diluted pricing:
US $ 56,596,623,516.76
Total supply:
161,337,261.09
Maximum total supply:
200,000,000.00
Total circulation supply:
161,337,261.09
161,337,261.09
Maximum total supply:
200,000,000.00
Total circulation supply:
161,337,261.09
Explanation of BNB (BNB) capitalization and aggregate supply metrics
The market cap metrics give you an overview of how this coin is likely to grow in the future. For example here if you look at the coin BNB (BNB):
- The maximum total supply is 200000000 ie the number of coins has a certain limit. And if it has been released, as well as having mechanisms to burn coins (destroy some coins) will help this coin not suffer from inflation.
The article analyzes the data of BNB (BNB)
Investment funds are engaged in BNB . investment
BNB is being invested by 2 reputable investment funds such as: Alameda Research, Multicoin Capital,
Price change of BNB (BNB) for the last 90 days
last 24 hours
1.25 %
1.25 %
the past 7 days
4.82 %
4.82 %
the past 30 days
2.00 %
2.00 %
the past 60 days
3.08 %
3.08 %
the past 90 days
30.47 %
30.47 %
Technical analysis of the price of BNB (BNB) and some comments
In the long term, the price of BNB has reached 30.47349643 % and is located at the price area of 282.98311758 US$.
The short-term (here we look at the price of the week for a more stable view than intraday) has been slightly up to 4.81645172
If you are a HOLDER (i.e. players who make profits based on the length of time) then you should focus on the 90 day long term trend. However, if the investment case is the platform coins alone, then you need to observe with a time length that can be longer than 6 months or sometimes 1 year.
If this coin has many large investors who are funds, you should monitor the movements of investment funds to be able to make the right comments in the future.
In the long term future, the cryptocurrency market will grow very strongly, however in the short term there will be bids by market makers. So learn carefully the information so that you can calm down before the ups and downs of the market.
Perspectives when viewing technical analysis if you decide to buy or sell BNB
Is technical analysis enough to make a decision to buy or sell BNB?
Absolutely not enough. Since there are many different factors that can affect the price of BNB, there are also factors in investor psychology.
For example, within the last 7 days you have seen BNB increase 4.82 %, but it is not certain that this coin will continue to increase in the long-term future.
Cryptocurrency market is a new market and will not have the characteristics of technical analysis like the stock market, gold, .. and many other established markets.
These are just extremely basic analysis of BNB (BNB), you should not rely solely on this information to make buying or selling decisions.
Calculating the amount to buy based on technical analysis?
You can look at metrics like current total circulating supply, maximum total supply, and compare the price of BNB (BNB) coin against those of high ranking coins to see its maximum growth potential. How about this coin?
As far as current and past data goes, no coin has ever had a market cap that has surpassed Bitcoin (BTC) with a market cap of 2 USD, and Ethereum (ETH) with a market cap of 373,506,315,637.07 USD. market is 164,137,326,334.39.
So you can predict if the capitalization of BNB (BNB) is equal to the capitalization of 2 coins Bitcoin, Ethereum, how much the price of BNB (BNB) coin will be able to increase. These are common short-term estimates.
To see the detailed analysis, you can also see more articles How much BNB (BNB) do you need to buy now to become a dollar millionaire in the future?
Predict the price of BNB (BNB) in the future
Based on past data as well as consulting many sources from experts, of course, there will be mixed opinions. However, we want to give you a relative estimate to have more long-term HOLD confidence
These analyzes will be updated regularly as the market changes, We recommend that you use the following information only for reference purposes and not as investment advice.
What is the price of BNB (BNB) in 2024?
Currently, the price of BNB is $282.98 and the coin has been around since 2017. Many experts estimate the price of BNB to be in the range. $396.18 to $565.97 in 2024What is the price of BNB (BNB) in 2027?
In the long term, it is likely that BNB will have a pretty good breakout. However, this investment requires quite a bit of patience, and this price increase only benefits long-term investors. In 2027 the price of BNB will probably be around $990.44 to as high as $2,051.63What is the price of BNB (BNB) in 2030?
The long-term future of BNB will also see growth. Many estimates hope that the price of BNB coin will be able to go up to about $2,094.08 to $4,810.71 in 2030What is the price of BNB (BNB) in 2032?
After 10 years, the BNB coin is estimated by many experts to fall between $3,112.81 to $7,357.56 in 2032What should beginner investors in this market keep in mind?
If you are just starting out and do not fully understand the technical aspects of digital currency, we advise you to invest coins on reputable centralized exchanges:
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