Binance Coin (BNB) Price Prediction 2024, 2025–2030

Explore short and medium-term Binance Coin price prediction analysis and check long-term Binance Coin forecasts for 2025, 2030, and beyond

5-Day Prediction
$?620.17
1-Month Prediction
$?698.53
3-Month Prediction
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6-Month Prediction
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1-Year Prediction
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2025 Prediction
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2030 Prediction
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2040 Prediction
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2050 Prediction
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Current Price $?575.91
Price Prediction $?698.53  (21.00%)
Fear & Greed Index 49 (Neutral)
Sentiment Bullish
Volatility 3.63%
Green Days 18/30 (60%)
50-Day SMA $?555.12
200-Day SMA $?531.10
14-Day RSI 52.25

According to our current Binance Coin price prediction, the price of Binance Coin is predicted to rise by 21.00% and reach $?698.53 by November 11, 2024. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 49 (Neutral). Binance Coin recorded 18/30 (60%) green days with 3.63% price volatility over the last 30 days. Based on the Binance Coin forecast, it's now a good time to buy Binance Coin.

Disclaimer: This is not investment advice. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Long-term Binance Coin price prediction for 2025, 2026, 2027, 2028, 2029 and 2030

Based on the historical price movements of Binance Coin and the BTC halving cycles, the yearly low Binance Coin price prediction for 2025 is estimated at $?577.30. Meanwhile, the price of Binance Coin is predicted to reach as high as $?958.58 next year. Using the same basis, here is the Binance Coin price prediction for each year up until 2030.

YearYearly LowYearly High
2025 $?577.30 $?958.58
2026 $?729.56 $?1,032.31
2027 $?676.96 $?868.81
2028 $?679.26 $?784.30
2029 $?745.88 $?1,639.88
2030 $?1,230.45 $?1,771.69

Binance Coin price prediction 2025

The Binance Coin price prediction for 2025 is currently between $?577.30 on the lower end and $?958.58 on the high end. Compared to today’s price, Binance Coin could gain 66.45% by 2025 if BNB reaches the upper price target.

Binance Coin price prediction 2030

The Binance Coin price prediction for 2030 is currently between $?1,230.45 on the lower end and $?1,771.69 on the high end. Compared to today’s price, Binance Coin could gain 207.63% by 2030 if it reaches the upper price target.

Binance Coin Price Forecast Based on Technical Analysis

Sentiment

Bullish

Based on data from October 12, 2024 at 04:08, the general Binance Coin price prediction sentiment is bullish , with 25 technical analysis indicators signaling bullish signals, and 4 signaling bearish signals.

BNB price prediction was last updated on October 12, 2024 at 04:08.

Binance Coin's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)

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Based on our technical indicators, Binance Coin's 200-day SMA will rise in the next month and will hit $?545.31 by Nov 11, 2024. Binance Coin's short-term 50-Day SMA is estimated to hit $?635.37 by Nov 11, 2024.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 52.25, which indicates that the BNB market is in a neutral position.

Popular BNB Moving Averages and Oscillators for Sat, Oct 12, 2024

Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Daily Simple Moving Average (SMA)

PeriodValueAction
SMA 3$?550.78BUY
SMA 5$?554.97BUY
SMA 10$?555.22BUY
SMA 21$?578.48SELL
SMA 50$?555.12BUY
SMA 100$?549.82BUY
SMA 200$?531.10BUY

Daily Exponential Moving Average (EMA)

PeriodValueAction
EMA 3$?565.90BUY
EMA 5$?560.47BUY
EMA 10$?550.49BUY
EMA 21$?542.67BUY
EMA 50$?547.88BUY
EMA 100$?551.68BUY
EMA 200$?517.79BUY

Weekly Simple Moving Average (SMA)

PeriodValueAction
SMA 21$?866.97SELL
SMA 50$?754.05SELL
SMA 100$?471.64BUY
SMA 200$?423.79BUY

Weekly Exponential Moving Average (EMA)

PeriodValueAction
EMA 21$?545.01BUY
EMA 50$?477.58BUY
EMA 100$?408.38BUY
EMA 200$?317.34BUY

Binance Coin Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

PeriodValueAction
RSI (14)52.25NEUTRAL
Stoch RSI (14)7.11BUY
Stochastic Fast (14)33.19NEUTRAL
Commodity Channel Index (20)-66.67NEUTRAL
Average Directional Index (14)11.01NEUTRAL
Awesome Oscillator (5, 34)9.28NEUTRAL
Momentum (10)-4.97NEUTRAL
MACD (12, 26)-2.06NEUTRAL
Williams Percent Range (14)-66.81NEUTRAL
Ultimate Oscillator (7, 14, 28)50.33NEUTRAL
VWMA (10)558.26BUY
Hull Moving Average (9)584.35SELL
Ichimoku Cloud B/L (9, 26, 52, 26)572.74NEUTRAL

Binance Coin Key Price Levels

Based on today's classical pivot point (P1) with the value of $?570.02, Binance Coin has support levels of $?563.13, $?553.33, and the strongest at $?546.44. Similarly, Binance Coin resistance levels are at $?579.82, $?586.71, and $?596.51.

Support Levels

#PriceStrength
S1$?563.13  
S2$?553.33  
S3$?546.44  

Resistance Levels

#PriceStrength
R1$?579.82  
R2$?586.71  
R3$?596.51  

Binance Coin Correlation

Over the past 7 days, Binance Coin price was most positively correlated with the price of Fantom (FTM), Bitcoin Cash (BCH), Aerodrome Finance (AERO), Sui Crypto (SUI) and OKB (OKB) and most negatively correlated with the price of Cronos (CRO), UNUS SED LEO (LEO), Immutable X (IMX), Quant (QNT) and Wormhole (W).

Positively Correlated Currencies

NameCorrelation
0.832
0.786
0.716
0.698
0.692

Negatively Correlated Currencies

NameCorrelation
-0.303
-0.280
-0.252
-0.247
-0.241

Binance Coin price is positively correlated with the top 10 coins by market cap with a price of 0.213, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.255.

Currencies that are positively correlated with Binance Coin indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Binance Coin, a move in one direction for Binance Coin would translate into a move in the opposite direction for the negatively correlated coin.

Binance Coin Price Prediction for Tomorrow and Next Week

DatePriceChange
Oct 13, 2024 $?577.30 0.00%
Oct 14, 2024 $?593.78 2.86%
Oct 15, 2024 $?615.24 6.57%
Oct 16, 2024 $?617.68 6.99%
Oct 17, 2024 $?620.17 7.43%
Oct 18, 2024 $?622.47 7.82%
Oct 19, 2024 $?623.45 7.99%
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The Binance Coin price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on these Binance Coin projections, BNB will be changing hands at $?623.45 on Oct 19, 2024, gaining 7.99% in the process.

Binance Coin Historical Price Performance

Change1H24H7D1M3M6MYTD1Y3Y5YALL
Binance CoinUS Dollar BNB/USD -0.58%1.44%2.71%5.79%7.13%-1.06%80.82%180.12%25.85%3,057%50.69K%
Binance CoinBitcoin BNB/BTC -0.06%-1.32%1.59%-2.40%2.24%4.19%22.48%19.44%9.73%316.88%3,298%
Binance CoinEthereum BNB/ETH -0.16%-0.03%1.32%1.29%40.79%31.24%71.34%77.96%77.51%135.55%5,945%
Binance CoinTether BNB/USDT -0.58%1.44%2.71%5.79%7.13%-1.06%80.82%180.12%25.85%3,057%50.69K%

To get a better idea of what could happen to the Binance Coin price in the future, it’s helpful to also explore Binance Coin’s price history. In the last month, the BNB/USD pair is down .

DateOpenHighLowCloseVolumeMarket Cap
Oct 12, 2023$?206.71$?206.71$?203.76$?205.03$?679.79M$?31.61B
Oct 12, 2022$?271.71$?277.00$?270.16$?271.42$?1.18B$?43.87B
Oct 12, 2021$?413.82$?440.39$?394.78$?439.50$?4.05B$?70.25B
Oct 12, 2020$?28.53$?31.08$?28.47$?30.70$?954.53M$?4.34B
Oct 12, 2019$?16.61$?17.40$?16.59$?17.24$?170.47M$?2.65B

Binance Coin Price Prediction FAQ

What is Binance Coin's price prediction today?

Based on our Binance Coin prediction chart, the price of Binance Coin will increase by 0.00% and reach $?577.30 by Oct 13, 2024

What is Binance Coin price prediction for tomorrow?

Binance Coin is predicted to gain 0.00% and reach a price of $?577.30 tomorrow.

What is the Binance Coin price prediction for this week?

According to our Binance Coin price prediction, BNB is forecasted to trade within a price range of $?577.30 and $?593.78 this week. Binance Coin will increase by 2.86% and reach $?593.78 by Oct 14, 2024 if it reaches the higher value target.

What is the Binance Coin price prediction for next week?

The Binance Coin price prediction for next week is between $?593.78 on the lower end and $?621.70 on the high end. Based on our BNB price prediction chart, the price of Binance Coin will increase by 4.70% and reach $?621.70 by Oct 21, 2024 if it reaches the upper price target.

What is the Binance Coin price prediction for 2024?

Binance Coin is forecasted to trade within a range of $?577.30 and $?958.58. If it reaches the upper price target, BNB could increase by 66.45% and reach $?958.58.

What is the Binance Coin price prediction for 2025?

According to our Binance Coin price prediction, BNB is forecasted to trade within a price range of $?577.30 and $?958.58 next year. Binance Coin will increase by 66.45% and reach $?958.58 if it reaches the higher value target for 2025.

What is the Binance Coin price prediction for 2030?

The Binance Coin price prediction for 2030 is between $?1,230.45 on the lower end and $?1,771.69 on the high end. Based on our BNB price prediction chart, the price of Binance Coin could gain 207.63% and reach $?1,771.69 if it reaches the upper price target.

Will Binance Coin reach $1,000?

Binance Coin would need to gain 73.64% to reach $1,000.  According to our Binance Coin prediction algorithm, Binance Coin will hit $1,000 in January 2025.

Will Binance Coin reach $10,000?

Binance Coin would need to gain 1,636.38% to reach $10,000.  According to our Binance Coin prediction algorithm, Binance Coin will hit $10,000 in October 2044.

Will Binance Coin reach $100,000?

Binance Coin would need to gain 17,263.79% to reach $100,000.  According to our Binance Coin prediction algorithm, the price of Binance Coin will not reach $100,000. The highest expected price our algorithm estimates is $?25,955 by Jan 1, 2049.

What is the current Binance Coin sentiment?

The current Binance Coin sentiment is bullish according to our technical analysis. The majority of technical indicators are showing buy.

What is the Binance Coin Fear & Greed Index and what does it indicate?

Currently, the Binance Coin Fear & Greed Index stands at 49, which means that investors’ sentiment is in the so-called Neutral zone.

The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data. The Fear & Greed Index can be a useful measure of Binance Coin investors’ sentiment, and is based primarily on Bitcoin-related market data.

Overall, the Fear & Greed Index indicates the current sentiment of the market, as follows: 0-24 extreme fear, 25-49 fear, 50 neutral, 51-75 greed, and 76-100 extreme greed. Some traders interpret a prevalent negative sentiment as a good buying opportunity, while a prevalent positive sentiment can be a good opportunity to sell.

Is it profitable to invest in Binance Coin?

Over the last 30 days, Binance Coin had 18/30 (60%) green days. According to our historical data, it is currently profitable to invest in Binance Coin. The price of Binance Coin increased by 180.12% in the last 1 year, while the coin’s 3-year performance is 25.85%.

Is Binance Coin a good buy in 2024?

Based on multiple technical quantitative indicators, the current forecast for Binance Coin in 2024 is bullish. This could be an indication that Binance Coin is a good buy in 2024. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Binance Coin or not.

What will the price of Binance Coin be next week?

According to our Binance Coin forecast, the price of Binance Coin will increase by 7.43% over the next week and reach $?620.17 by October 17, 2024.

What will the price of Binance Coin be next month?

According to our Binance Coin forecast, the price of Binance Coin will increase by 21.00% over the next month and reach $?698.53 by November 11, 2024.

What is Binance Coin's 50-Day SMA and what does it indicate?

Binance Coin’s 50-day SMA (simple moving average) is currently $?555.12. The 50-day SMA indicates the average price of Binance Coin over a 50-day period. The 50-day SMA is commonly used to gauge the price trend of an asset over an intermediate period of time. A rising 50-day SMA indicates a positive BNB price trend in the medium term, while a dropping SMA indicates the opposite.

The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.

What is Binance Coin's 200-Day SMA and what does it indicate?

Binance Coin’s 200-day is currently $?531.10. The 200-day SMA is a popular indicator that’s used to determine an asset’s long-term price trend. A rising Binance Coin 200-day SMA indicates a positive long-term trend. Meanwhile, a falling 200-day SMA shows that BNB has been trending downwards over the long term.

Many cryptocurrency traders pay close attention to the markets when the current Binance Coin price crosses an important moving average like the 200-day SMA.

The 200-day SMA is calculated by taking Binance Coin’s closing prices in the last 200 days, adding them together, and dividing the total by 200.

What is Binance Coin's 14-day RSI and what does it indicate?

Binance Coin’s 14-day RSI is at 52.25, indicating that BNB is currently neutral.

The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Binance Coin. Most commonly, the RSI is used on a 14-day time frame. The RSI is used to gauge momentum in the market. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued.

Will Binance Coin go back up?

Based on our algorithmically generated price prediction for Binance Coin, the price of BNB is expected to decrease by 21.00% in the next month and reach $?698.53 on Nov 11, 2024. Additionally, Binance Coin’s price is forecasted to gain 29.27% in the next six months and reach $?746.29 on Apr 10, 2025. Finally, Binance Coin is expected to trade at $?859.78 on Oct 12, 2025, following a 48.93% value decrease in one year.

How does our price prediction for Binance Coin work?

The Binance Coin price prediction on CoinCodex is calculated using the historical Binance Coin price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Binance Coin prediction.

Binance Coin Price Analysis

How to read and predict Binance Coin price movements?

Binance Coin traders use a variety of tools to try and determine the direction in which the BNB market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the Binance Coin price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

Binance Coin Price Prediction Indicators

Moving averages are among the most popular Binance Coin price prediction tools. As the name suggests, a moving average provides the average closing price for BNB over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for BNB is a sum of BNB’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the BNB price moves above any of these averages, it is generally seen as a bullish sign for Binance Coin. Conversely, a drop below an important moving average is usually a sign of weakness in the BNB market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the BNB price.

How to read Binance Coin charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Binance Coin with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Binance Coin’s price action in 1-hour chunks. Each candlestick will display BNB’s opening price, closing price, as well as the highest and lowest prices that Binance Coin reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of Binance Coin?

Just like with any other asset, the price action of Binance Coin is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of BNB. The market capitalization of Binance Coin can change significantly in a short period of time.

When trying to make a Binance Coin forecast, many traders also try to monitor the activity of BNB “whales”, which are entities and individuals that control large amounts of BNB. Since the Binance Coin market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Binance Coin’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.

Here are some of the most commonly followed bullish candlestick patterns:

Here are some common bearish candlestick patterns:

  • Hammer
  • Bullish Engulfing
  • Piercing Line
  • Morning Star
  • Three White Soldiers
  • Bearish Harami
  • Dark Cloud Cover
  • Evening Star
  • Shooting Star
  • Hanging Man
DISCLAIMER: Not Investment Advice
The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

BNB
Binance Coin
$?575.91
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