BNB
Price Prediction
BNB, BNB could hit $1440.46 in 2024
BNB’s price prediction for the most bearish scenario will value BNB at $481.09 in 2024.
BNB’s previous All Time High was on 10 May 2021 where BNB was priced at $686.31.
BNB’s price at the same time last week was $582.28. It has moved by 5.65 % in the past week and is currently at $601.36. Infact, in the past 24 hours, BNB has dumped by -2.46 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and BNB could hit $2864.99 in 2025.
The total circulating supply of BNB as of writing this article was $153,856,150 and the marketcap of BNB remains at $91,841,705,965
Disclaimer
For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.
BNB price prediction: Key highlights
1. Primary support and resistance levels
- In the analysis of the weekly chart, the lowest support level for BNB was$209, while$700 can likely prove to be the highest point of resistance.
2. Market sentiment
- The BNB market has been signalingoverextendedconditions in May 2024.
3. Predictive forecasts
- Based on our AI/ML predictive models, the forecasted average price for the year 2028 is projected to be over$1,000, further soaring to over$5,000in 2035.
Stay updated onBNB’sfuture trajectory via acomprehensive weekly technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:
BNB technical analysis: Investors watch out for future direction
BNB's weekly chart revealed a nuanced trajectory of price movements. TheBinance Coin price prediction for 2024 presents abullish outlook. However, its sustainability requires investigation.
At the outset, the price embarked on adowntrend. Consequently, the support level at$305 was compromised in June. This resulted in a significant drop to the$234support level.
BNB bulls struggled to defend this support until mid-August. Nevertheless, an increase in selling pressure propelled the price to its lowest support level, at$209. The level acted as a floor against further declines, setting the stage for a subsequentrally in mid-October.
By November, the price had reclaimed$234as support. After a temporary breach of this support towards the end of the month, the price resumed its northbound trajectory by mid-December.
In a turnaround, the latter half of December saw BNB's price ascend above$305. The momentum gained more strength in February as the price sustained a strong uptrend. Despite theoverbought market, the asset surpassed most expectations, flying past the psychological$500 mark by March. Thus, a new high resistance was established at$607.
This level has been tested repeatedly since mid-March, marking a phase ofconsolidation. Even as the broader market crashed in April, BNB did not shed much of its gains, maintaining a relatively stable momentum between the high resistance and the support at$530. At press time, BNB exchanged hands at$568.
AMBCryptopointed out that theliquidation heatmap from the previous month showed the$615-$625 range as a significant area for price action. Therefore, there's a possibility that BNB could reach this zone and then decline further.
Additionally, attention should be given to the smaller liquidity areas at$570and $535 to the south. These could be critical points where BNB might decrease before experiencing a bullish reversal.
Given a sustained bull run, BNB can likely target the price level at$700in the long term. This entails that the price can reclaim itsall-time high(ATH). Yet, there’s also a possibility that the price can face retraction at this level.
On the other hand, recentreports suggested that the situation might deteriorate as the altcoin's popularity declined. According to AMBCrypto, there has been a significant drop inSocial Volume over the past few days. Additionally, the overallWeighted Sentimenthas also decreased, indicating a substantial rise in negative comments about BNB recently.
These elements could adversely affect BNB's price movements. It could trigger a fall below the current support. An increase in selling pressure would precipitate a potential movement toward the$460-$475 region.
Our predictive models are rather optimistic about BNB's prospects. Looking ahead to 2028, the models anticipate the asset to average around$1,000. Continuing its upward trajectory, BNB is expected to trade at an average price of over$5,000in 2035.
BNB's 2024 roadmap: Key indicators to watch and trade
- Thetrading volume for BNB remained lackluster in May. Following a significant price drop in June, a briefrecovery in volume was observed. However, this was reversed as the price landed on its lowest support.
- As the price began to recover from October, this was mirrored in the volume. It dropped slightly towards the end of January, but this was reversed the next month as the volume amplified. The recent pullback was again followed by a downtick in volume. This suggestedcautious investor participation.
- TheChaikin Money Flow (CMF) began with adowntrend, crossing below the zero line by the end of July. It turned positive again in late October. Thereafter, it fluctuated above and below this neutral threshold until January.
- Since then, it has been consistently rising, registering at0.31 at the time of writing. This highlighted significantbuying pressure and inflow of money into the asset.
- In theDirectional Movement Index(DMI), the+DIline fell below the -DI line in June. By mid-month, theADX line also surpassed the +DI line, with the -DI remaining dominant until late October.
- Subsequently, the +DI line regained its position above the -DI line, and the ADX also moved above the latter in November. Between late January and mid-February, the ADX rose above the +DI, a trend that recurred in mid-March. Notably, the +DI started to descend in late March while the -DI increased.
- At the time of writing, the indicator stood as follows: ADX at52.1808, +DI at30.3253, and -DI at13.3479. This could be an early warning of a potential incoming correction.
BNB Price Prediction
BNB has had an eventful 2023. To simplify the latest BNB price prediction, we have divided up the prediction by short term BNB price prediction and long term BNB price prediction. As of writing this article, BNB had a trading volume of 1,817,934,030. BNB has gone down by -0.91% in the past 30 days.
According to our analysis in the short term, BNB price prediction for July 2024 shows the average price of BNB at 901.96 and the highest possible price for July 2024 would be $965.09.
Further, according to our analysis in the long term, BNB price prediction for November 2024 shows the average price of BNB at 1100.91 and the highest possible price for November 2024 would be $1177.97.
BNB's Short Term Price Prediction
Date | Avg Price | Lowest Price | Highest Price |
24 May 2024 | $578.98 | $538.45 | $619.51 |
25 May 2024 | $588.00 | $546.84 | $629.16 |
26 May 2024 | $600.37 | $558.35 | $642.40 |
27 May 2024 | $601.16 | $559.08 | $643.25 |
1 June 2024 | $584.63 | $543.71 | $625.56 |
6 June 2024 | $572.12 | $532.07 | $612.17 |
16 June 2024 | $548.71 | $510.30 | $587.12 |
July 2024 | $901.96 | $838.82 | $965.09 |
August 2024 | $951.69 | $885.08 | $1018.31 |
September 2024 | $1001.43 | $931.33 | $1071.53 |
October 2024 | $1051.17 | $977.59 | $1124.75 |
November 2024 | $1100.91 | $1023.84 | $1177.97 |
December 2024 | $1150.65 | $1070.10 | $1231.19 |
BNB price prediction 24 May 2024: BNB's price for 24 May 2024 according to our analysis should range between $538.45 to $619.51 and the average price of BNB should be around $578.98.
BNB price prediction 25 May 2024: BNB's price for 25 May 2024 according to our analysis should range between $546.84 to $629.16 and the average price of BNB should be around $588.00.
BNB price prediction 26 May 2024: BNB's price for 26 May 2024 according to our analysis should range between $558.35 to $642.40 and the average price of BNB should be around $600.37.
BNB price prediction 27 May 2024: BNB's price for 27 May 2024 according to our analysis should range between $559.08 to $643.25 and the average price of BNB should be around $601.16.
BNB price prediction 1 June 2024: BNB's price for 1 June 2024 according to our analysis should range between $543.71 to $625.56 and the average price of BNB should be around $584.63.
BNB price prediction 6 June 2024: BNB's price for 6 June 2024 according to our analysis should range between $532.07 to $612.17 and the average price of BNB should be around $572.12.
BNB price prediction 16 June 2024: BNB's price for 16 June 2024 according to our analysis should range between $510.30 to $587.12 and the average price of BNB should be around $548.71.
BNB price prediction July 2024: BNB's price for July 2024 according to our analysis should range between $838.82 to $965.09 and the average price of BNB should be around $901.96.
BNB price prediction August 2024: BNB's price for August 2024 according to our analysis should range between $885.08 to $1018.31 and the average price of BNB should be around $951.69.
BNB price prediction September 2024: BNB's price for September 2024 according to our analysis should range between $931.33 to $1071.53 and the average price of BNB should be around $1001.43.
BNB price prediction October 2024: BNB's price for October 2024 according to our analysis should range between $977.59 to $1124.75 and the average price of BNB should be around $1051.17.
BNB price prediction November 2024: BNB's price for November 2024 according to our analysis should range between $1023.84 to $1177.97 and the average price of BNB should be around $1100.91.
BNB price prediction December 2024: BNB's price for December 2024 according to our analysis should range between $1070.10 to $1231.19 and the average price of BNB should be around $1150.65.
BNB's Long Term Price Prediction
BNB’s long term Price Prediction below is a look at BNB’s future prospect with regards to price. BNB was last seen at $601.36, with a market cap of $91,841,705,965 and trading volumes of $1,817,934,030. BNB’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.
Years | Avg Price | Lowest Price | Highest Price |
2024 | $1200.38 | $960.31 | $1440.46 |
2025 | $2387.49 | $1909.99 | $2864.99 |
2026 | $4748.57 | $3798.86 | $5698.28 |
2027 | $9444.61 | $7555.69 | $11333.54 |
2028 | $18784.76 | $15027.81 | $22541.71 |
2029 | $37361.73 | $29889.38 | $44834.07 |
2030 | $74310.17 | $59448.14 | $89172.21 |
2031 | $147798.36 | $118238.69 | $177358.03 |
2032 | $293961.84 | $235169.47 | $352754.20 |
2033 | $584672.00 | $467737.60 | $701606.40 |
2035 | $2312890.02 | $1850312.01 | $2775468.02 |
BNB price prediction 2024: BNB's price for 2024 according to our analysis should range between $960.31 to $1440.46 and the average price of BNB should be around $1200.38.
BNB price prediction 2025: BNB's price for 2025 according to our analysis should range between $1909.99 to $2864.99 and the average price of BNB should be around $2387.49.
BNB price prediction 2026: BNB's price for 2026 according to our analysis should range between $3798.86 to $5698.28 and the average price of BNB should be around $4748.57.
BNB price prediction 2027: BNB's price for 2027 according to our analysis should range between $7555.69 to $11333.54 and the average price of BNB should be around $9444.61.
BNB price prediction 2028: BNB's price for 2028 according to our analysis should range between $15027.81 to $22541.71 and the average price of BNB should be around $18784.76.
BNB price prediction 2029: BNB's price for 2029 according to our analysis should range between $29889.38 to $44834.07 and the average price of BNB should be around $37361.73.
BNB price prediction 2030: BNB's price for 2030 according to our analysis should range between $59448.14 to $89172.21 and the average price of BNB should be around $74310.17.
BNB price prediction 2031: BNB's price for 2031 according to our analysis should range between $118238.69 to $177358.03 and the average price of BNB should be around $147798.36.
BNB price prediction 2032: BNB's price for 2032 according to our analysis should range between $235169.47 to $352754.20 and the average price of BNB should be around $293961.84.
BNB price prediction 2033: BNB's price for 2033 according to our analysis should range between $467737.60 to $701606.40 and the average price of BNB should be around $584672.00.
BNB price prediction 2035: BNB's price for 2035 according to our analysis should range between $1850312.01 to $2775468.02 and the average price of BNB should be around $2312890.02.
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A Historical look at BNB, BNB’s price
BNB/USD Pair
BNB
USD
23 May 2021
301.27
BNB
USD
23 May 2022
319.85
106.17
BNB
USD
23 May 2023
309.26
96.69
BNB
USD
24 May 2024
601.36
194.45
BNB/Euro Pair
BNB
EUR
23 May 2021
247.35
BNB
EUR
23 May 2022
302.58
122.33
BNB
EUR
23 May 2023
286.10
94.55
BNB
EUR
24 May 2024
556.37
194.47
FAQs about BNB
What is the price of BNB as of today 24 May 2024?
BNB’s current price is $601.36 and witnessed a -2.46% decrease in the past 24 hours. BNB/BTC pair saw a -0.07% decrease in the past 24 hours
Is BNB a good investment?
Investing in BNB, BNB will purely depend on your personal risk appetite. As you can see over the past 24 hours BNB’s price has witnessed a -2.46% decrease and over the past 30 days BNB has decrease by -0.91%. So it all depends on if this investment will hit your trading goals.
How high can BNB’s price go this year in 2024?
According to our latest BNB Price prediction for 2024, BNB should vary between $1440.46 and $960.31. Please keep in mind that the crypto market is very volatile and this BNB price prediction does not account for extreme wild swings in price.
How much will the BNB be worth in 2024 ?
As per the BNB price prediction 2024 model above, BNB’s price for May 2024 should range between $960.31 to $1440.46 with the average price for May being $1200.38
How much will BNB be worth in 2025?
According to the BNB Price Prediction model above, BNB’s price in 2025 would be $2387.49. This price would however would range from $2864.99 and $1909.99.
How much will BNB be worth in 2026?
According to the BNB Price Prediction model above, BNB’s price in 2026 would be $4748.57. This price would however would range from $5698.28 and $3798.86.
How much will BNB be worth in 2027?
According to the BNB Price Prediction model above, BNB’s price in 2027 would be $9444.61. This price would however would range from $11333.54 and $7555.69.
How much will BNB be worth in 2028?
According to the BNB Price Prediction model above, BNB’s price in 2028 would be $18784.76. This price would however would range from $22541.71 and $15027.81.
How much will BNB be worth in 2029?
According to the BNB Price Prediction model above, BNB’s price in 2029 would be $37361.73. This price would however would range from $44834.07 and $29889.38.
How much will BNB be worth in 2030?
According to the BNB Price Prediction model above, BNB’s price in 2030 would be $74310.17. This price would however would range from $89172.21 and $59448.14.
How much will BNB be worth in 2031?
According to the BNB Price Prediction model above, BNB’s price in 2031 would be $147798.36. This price would however would range from $177358.03 and $118238.69.
How much will BNB be worth in 2032?
According to the BNB Price Prediction model above, BNB’s price in 2032 would be $293961.84. This price would however would range from $352754.20 and $235169.47.
How much will BNB be worth in 2033?
According to the BNB Price Prediction model above, BNB’s price in 2033 would be $584672.00. This price would however would range from $701606.40 and $467737.60.
How much will BNB be worth in 2035?
According to the BNB Price Prediction model above, BNB’s price in 2035 would be $2312890.02. This price would however would range from $2775468.02 and $1850312.01.
What was the highest price of BNB?
The highest price for BNB was recorded in 10 May 2021 during which BNB hit an All Time High of $686.31
What is the price of 1 BNB?
The price of 1 BNB according to current market rate is $601.36