- Bullish BNB price prediction ranges from $250 to $500.
- BNB price might also reach $545 this 2023.
- BNB’s bearish market price prediction for 2023 is $225.5.
Binance Coin is the native token of the Binance Smart Chain (BSC). It is owned by the largest cryptocurrency exchange in the world for spot trading. Binance Smart Chain allows developers to create decentralized applications (DApps). Binance Coin is denoted with BNB and has increased by 33.6% in the past 30 days.
Binance Coin (BNB) investors are bullish on the coin. It uses the automatic burning mechanism to reduce its volume in circulation. Investors can earn rewards by staking their BNB on the Binance Exchange or any other exchange that supports BNB staking.
If you are interested in the future of Binance Coin (BNB) and would want to know the price analysis and price prediction of BNB for 2023, 2024, 2025, 2026, up to 2030, keep reading this Coin Edition article.
Binance Coin (BNB) Market Overview
Name | BNB |
Symbol | bnb |
Rank | #4 |
Price | $328.74 |
Price Change (1h) | -0.39093 % |
Price Change (24h) | 6.86662 % |
Price Change (7d) | 7.05093 % |
Market Cap | $44437529091 |
All Time High | $686.31 |
All Time Low | $0.0398177 |
Circulating Supply | 134940326.76 bnb |
Total Supply | 157219628.63 bnb |
What is Binance Coin (BNB)?
Binance Coin (BNB) was launched in June 2017. Binance Coin was migrated to its blockchain called Binance Smart Chain in September 2020. Binance was founded by Changpeng Zhao.
Binance Smart Chain can complete 15 transactions per second (TPS).and at a very low fee by using Binance Coin (BNB).
Some of the building blocks of the Binance Network include Binance Exchange, Binance Chain, Binance Smart Chain, Binance Launchpad, Binance Foundation, Binance Academy, and Trust Wallet.
Binance coin is compatible with Ethereum tokens and transactions on the Binance Smart Chain can be traced on the Ethereum blockchain. During the Initial Coin Offerings (ICO) of BNB, a total of $15 million was raised and the cost per coin was $0.10.
Analysts’ View on Binance Coin (BNB)
A crypto analyst tweeted that BNB might value more than $2,000 in the coming bull run.
A trader mentioned that BNB has a chance of breaking its all-time high value placed at $700 price region.
Another analyst mentioned that BNB has been eyed by many investors. He caught his long trade on Binance Coin at around $285 and holding that entry since then.
Binance Coin (BNB) Current Market Status
The maximum supply of Binance Coin (BNB) is 200 million BNB while the circulation supply is 161,337,261.09 BNB. At the time of writing, BNB is trading at $324 which represents a 24 hours increase of 0.06%. The trading volume of Binance Coin in the past 24 hours is $1,311,838,942 which represents a 27% increase.
Some of the top cryptocurrency exchanges for trading Binance Coin (BNB) are Binance, Bithumb, Kucoin, FTX, Mexc, Bitfinex, and others.
Now that you have known what Binance Coin is, we shall discuss the price analysis of BNB for 2023.
Binance Coin (BNB) Price Analysis 2023
Currently, BNB is ranked in the 5th position on CoinMarketCap. Will developments and upgrades on the Binance blockchain lead to a rising in the price of BNB? We shall see this in this Coin Edition price analysis 2023 article.
Binance Coin (BNB) Price Analysis – Keltner Channel
Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Binance Coin (BNB), it could be seen that the present bullish run could continue since the last candlestick is within the first half of the chart from the top. Also, since the last candlestick is almost breaking out on the top of the curve, the present increase in the price of BNB might be sustained before any reversal would be expected.
Binance Coin (BNB) Price Analysis – Relative Strength Index
The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of the Binance Coin (BNB) 1-day chart of BNB/USDT is 65.56. This shows that BNB is trading close to the overbought trend. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 100 RSI value. However, a panic sell could crash the price to around 70 RSI value.
Binance Coin (BNB) Price Analysis – Moving Averages
The chart above, shows the 1-day chart of Binance Coin (BNB) 200-day and 50-day Moving Average (MA). Presently, BNB is on a bullish trend as it crossed over both 200-MA and 50-MA. Also, since the 200-MA is above the 50-MA, we can deduce the price is bullish for long-term hodlers.
Also, since the gap between the moving averages is small and within the recently formed candlesticks, the price of Binance Coin (BNB) might move sideways.
Binance Coin (BNB) Price Prediction 2023
From the chart above, we can observe that Binance Coin is trading above the 200-day moving average. After being in the bear market for months, BNB finally crossed over the 200-day moving average and traded above the line indicating the market has finished its bearish moments. However, if we zoom it out, it has been trading rangebound between its resistance and support.
Irrespective of this sideways movement in the price of BNB, we can deduce the following:
- The price of BNB is expected to reverse at the $231.2 support1 level, due to the liquidity grab from the previous order block. If investors have their way, the price of BNB could surge higher above the resistance1 level.
- The reversal at the resistance1 level could lead to a further decrease in the price of BNB up to the support1 level at $231.2 until a double bottom is formed. This could lead to a bullish reversal.
Meanwhile, our long-term BNB price prediction for 2023 is bullish since it might break many psychological resistances. We can expect Binance Coin to reach $700 this year.
Month | Minimum Price | Average Price | Maximum Price |
January 2023 | 317.05 | 328.30 | 339.55 |
February 2023 | 337.17 | 348.42 | 359.67 |
March 2023 | 348.67 | 359.92 | 371.17 |
April 2023 | 360.76 | 372.01 | 383.26 |
May 2023 | 380.88 | 392.13 | 403.38 |
June 2023 | 392.38 | 403.63 | 414.88 |
July 2023 | 414.47 | 425.72 | 436.97 |
August 2023 | 434.59 | 445.84 | 457.09 |
September 2023 | 466.09 | 477.34 | 488.59 |
October 2023 | 488.18 | 499.43 | 510.68 |
November 2023 | 508.30 | 519.55 | 530.80 |
December 2023 | 533.80 | 545.05 | 556.30 |
Binance Coin (BNB) Price Prediction – Resistance and Support Levels
According to CoinMarketCap, BNB’s price was fluctuating between $291.72 and $322.75 within the past 7 days. BNB has been trading a range bound between its resistance 1 and support 1 in the past months. However, it slightly coming up towards its resistance 1 since the end of December, 2022. If this price increase continues, BNB could break the $328.3 resistance1 level and move higher to $340.8 at the resistance6 level, and even higher, the bullish signal for 2023.
However, if sellers have their way, the price of BNB might be dethroned from its present uptrend position. In simpler terms, Binance Coin might trend below the $240.8 support1 level, and even lower in 2023, a bearish signal.
Binance Coin (BNB) Price Prediction 2024
BNB price could hold the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $782, making it not plummet but play consistently. Additionally, this could only be possible if Binance Coin breaks through past psychological resistance levels.
Month | Minimum Price | Average Price | Maximum Price |
January 2024 | 554.11 | 565.36 | 576.61 |
February 2024 | 574.23 | 585.48 | 596.73 |
March 2024 | 585.73 | 596.98 | 608.23 |
April 2024 | 597.82 | 609.07 | 620.32 |
May 2024 | 617.94 | 629.19 | 640.44 |
June 2024 | 629.44 | 640.69 | 651.94 |
July 2024 | 651.53 | 662.78 | 674.03 |
August 2024 | 671.65 | 682.90 | 694.15 |
September 2024 | 703.15 | 714.40 | 725.65 |
October 2024 | 725.24 | 736.49 | 747.74 |
November 2024 | 745.36 | 756.61 | 767.86 |
December 2024 | 770.86 | 782.11 | 793.36 |
Binance Coin (BNB) Price Prediction 2025
BNB prices are expected to rise above $1,011 in the next three years and it is believed to be achievable due to new price targets that may be identified for buying or selling. The outlook for Binance Coin is optimistic and it is likely to reach a new record high.
Month | Minimum Price | Average Price | Maximum Price |
January 2025 | 791.22 | 802.47 | 813.72 |
February 2025 | 811.34 | 822.59 | 833.84 |
March 2025 | 822.84 | 834.09 | 845.34 |
April 2025 | 834.93 | 846.18 | 857.43 |
May 2025 | 855.05 | 866.30 | 877.55 |
June 2025 | 866.55 | 877.80 | 889.05 |
July 2025 | 888.64 | 899.89 | 911.14 |
August 2025 | 908.76 | 920.01 | 931.26 |
September 2025 | 940.26 | 951.51 | 962.76 |
October 2025 | 962.35 | 973.60 | 984.85 |
November 2025 | 982.47 | 993.72 | 1004.97 |
December 2025 | 1007.97 | 1019.22 | 1030.47 |
Binance Coin (BNB) Price Prediction 2026
It is predicted that BNB prices could increase beyond $1,256 in the next four years and this is considered achievable due to new target prices that may be established for buying or selling. The outlook for Binance Coin is positive and it has a high probability of reaching a new all-time high.
Month | Minimum Price | Average Price | Maximum Price |
January 2026 | 1028.33 | 1039.58 | 1050.83 |
February 2026 | 1048.45 | 1059.70 | 1070.95 |
March 2026 | 1059.95 | 1071.20 | 1082.45 |
April 2026 | 1072.04 | 1083.29 | 1094.54 |
May 2026 | 1092.16 | 1103.41 | 1114.66 |
June 2026 | 1103.66 | 1114.91 | 1126.16 |
July 2026 | 1125.75 | 1137.00 | 1148.25 |
August 2026 | 1145.87 | 1157.12 | 1168.37 |
September 2026 | 1177.37 | 1188.62 | 1199.87 |
October 2026 | 1199.46 | 1210.71 | 1221.96 |
November 2026 | 1219.58 | 1230.83 | 1242.08 |
December 2026 | 1245.08 | 1256.33 | 1267.58 |
Binance Coin (BNB) Price Prediction 2027
It is expected that the value of BNB could surpass $1,493 in the next five years, and this is believed to be attainable due to new medium, short-term, and long-term price goals that may be established for buying or selling. The forecast suggests that Binance Coin (BNB) has a robust potential of reaching a new record high price.
Month | Minimum Price | Average Price | Maximum Price |
January 2027 | 1265.46 | 1276.71 | 1287.96 |
February 2027 | 1285.58 | 1296.83 | 1308.08 |
March 2027 | 1297.08 | 1308.33 | 1319.58 |
April 2027 | 1309.17 | 1320.42 | 1331.67 |
May 2027 | 1329.29 | 1340.54 | 1351.79 |
June 2027 | 1340.79 | 1352.04 | 1363.29 |
July 2027 | 1362.88 | 1374.13 | 1385.38 |
August 2027 | 1383.00 | 1394.25 | 1405.50 |
September 2027 | 1414.50 | 1425.75 | 1437.00 |
October 2027 | 1436.59 | 1447.84 | 1459.09 |
November 2027 | 1456.71 | 1467.96 | 1479.21 |
December 2027 | 1482.21 | 1493.46 | 1504.71 |
Binance Coin (BNB) Price Prediction 2028
Binance Coin (BNB) prices might grow past $1,730 during the next six years. Furthermore, hitting this level might not be so tough for BNB due to new medium, short-term, and long-term price objectives for purchase or sell orders that may be discovered. According to the forecast, BNB has a strong chance of reaching a new all-time high (ATH) price.
Month | Minimum Price | Average Price | Maximum Price |
January 2028 | 1502.57 | 1513.82 | 1525.07 |
February 2028 | 1522.69 | 1533.94 | 1545.19 |
March 2028 | 1534.19 | 1545.44 | 1556.69 |
April 2028 | 1546.28 | 1557.53 | 1568.78 |
May 2028 | 1566.40 | 1577.65 | 1588.90 |
June 2028 | 1577.90 | 1589.15 | 1600.40 |
July 2028 | 1599.99 | 1611.24 | 1622.49 |
August 2028 | 1620.11 | 1631.36 | 1642.61 |
September 2028 | 1651.61 | 1662.86 | 1674.11 |
October 2028 | 1673.70 | 1684.95 | 1696.20 |
November 2028 | 1693.82 | 1705.07 | 1716.32 |
December 2028 | 1719.32 | 1730.57 | 1741.82 |
Binance Coin (BNB) Price Prediction 2029
BNB prices might grow past $1,967 during the next seven years. Furthermore, hitting this level might not be so tough for BNB due to a new medium, short-term, and long-term price objectives for purchase or sell orders that may be discovered. According to the forecast, BNB has a strong chance of reaching a new all-time high (ATH) price.
Month | Minimum Price | Average Price | Maximum Price |
January 2029 | 1739.68 | 1750.93 | 1762.18 |
February 2029 | 1759.80 | 1771.05 | 1782.30 |
March 2029 | 1771.30 | 1782.55 | 1793.80 |
April 2029 | 1783.39 | 1794.64 | 1805.89 |
May 2029 | 1803.51 | 1814.76 | 1826.01 |
June 2029 | 1815.01 | 1826.26 | 1837.51 |
July 2029 | 1837.10 | 1848.35 | 1859.60 |
August 2029 | 1857.22 | 1868.47 | 1879.72 |
September 2029 | 1888.72 | 1899.97 | 1911.22 |
October 2029 | 1910.81 | 1922.06 | 1933.31 |
November 2029 | 1930.93 | 1942.18 | 1953.43 |
December 2029 | 1956.43 | 1967.68 | 1978.93 |
Binance Coin (BNB) Price Prediction 2030
Binance Coin (BNB) prices might grow past $2,200 during the next eight years. Furthermore, hitting this level might not be so tough for BNB due to new medium, short-term, and long-term price objectives for purchase or sell orders that may be discovered. According to the forecast, BNB has a strong chance of reaching a new all-time high (ATH) price.
Month | Minimum Price | Average Price | Maximum Price |
January 2030 | 1976.79 | 1988.04 | 1999.29 |
February 2030 | 1996.91 | 2008.16 | 2019.41 |
March 2030 | 2008.41 | 2019.66 | 2030.91 |
April 2030 | 2020.50 | 2031.75 | 2043.00 |
May 2030 | 2040.62 | 2051.87 | 2063.12 |
June 2030 | 2052.12 | 2063.37 | 2074.62 |
July 2030 | 2074.21 | 2085.46 | 2096.71 |
August 2030 | 2094.33 | 2105.58 | 2116.83 |
September 2030 | 2125.83 | 2137.08 | 2148.33 |
October 2030 | 2147.92 | 2159.17 | 2170.42 |
November 2030 | 2168.04 | 2179.29 | 2190.54 |
December 2030 | 2193.54 | 2204.79 | 2216.04 |
Binance Coin (BNB) Price Prediction 2040
According to our long-term BNB price estimate, BNB prices could reach a new all-time high this year. If the current growth rate continues, we could anticipate an average price of $5291.49 by 2040. If the market becomes bullish, the price of Stratis may increase beyond our 2040 forecast.
Minimum Price | Average Price | Maximum Price |
$3704.04 | $5291.49 | $5503.15 |
Binance Coin (BNB) Price Prediction 2050
According to our BNB forecast, the average price of BNB in 2050 might be above $12106. If more investors are drawn to Stratis between these years, the price of Stratis in 2050 could be far higher than our projection.
Minimum Price | Average Price | Maximum Price |
$8148.89 | $12106.92 | $11641 |
Conclusion
As said above, Binance Coin (BNB) might reach $545 in 2023 and $2.200 by 2030 if investors have decided that BNB is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.
FAQ
It is the native token of the Binance blockchain. It is denoted with BNB.
Like other cryptocurrencies, BNB can be traded in cryptocurrency exchanges like Binance, Bithumb, Kucoin, Mexc, and others.
Since BNB provides its investors with staking rewards, it has a possibility of surpassing its present all-time high (ATH) price of $690.93 in 2025.
It was launched in 2017.
Binance Coin (BNB) price is expected to reach $545 by 2023.
Binance Coin (BNB) price is expected to reach $782 by 2024.
Binance Coin (BNB) price is expected to reach $1011 by 2025.
Binance Coin (BNB) price is expected to reach $1256 by 2026.
Binance Coin (BNB) price is expected to reach $1493 by 2027.
Binance Coin (BNB) price is expected to reach $1730 by 2028.
Binance Coin (BNB) price is expected to reach $1967 by 2029.
Binance Coin (BNB) price is expected to reach $2200 by 2030.
Binance Coin (BNB) price is expected to reach $5291 by 2040.
Binance Coin (BNB) price is expected to reach $12106 by 2050.
Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.
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