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BNB increased by more than 19% in the past 48 hours, returned above the $300 level. Investors are briefly back in the driving seat and may push the price up to $320 in the coming days.
As investors lose confidence in exchanges like FTX, it seems natural that the native sign of the Binance platform start burning.
A leading crypto influencer @AltCryptoGems says that the continuity BNB for a while might be a smart move if you are playing long term investment. You can wait for the next rise in the crypto market to get your profit.
Will BNB continue to rise? and what solid alternatives are currently available in blockchain markets?
Crypto BNB Price Analysis for 2022-2023
According to Coinmarketcap, BNB is currently trading at $297.15 with an impressive market cap of $47.5 billion. Overall, BNB has decreased by 0.89% in the last 24 hours and there are many indicators that suggest buying.
Observe market fluctuations (fear and greed), it is easy to recognize that we are probably in a period of accumulation.
Looking at the chart above, we can see that the price of BNB has dropped to $184 this year due to crypto crash Terra Luna.
It fell off the price of BNB down to its potential lows as it was oversold in a week for the first time in four years.
Investors who succeed in getting jWe are BNB and the use of extreme fear will increase by 63% if they still hold it now.
The green rectangle on the price chart above suggests that there is an accumulation zone where extreme fear dominates the market. The price is in between $180 and $230which can be a good range for regular purchases.
This suggests that the next selling targets will be between 580 and $700but the price of BNB may still rise more than $1,000 after the next Bitcoin split.
BNB Crypto Video Analysis
There is no doubt that BNB is an excellent value to include in a cryptocurrency wallet healthy and diverse. The upside potential is definitely there for the future.
Despite this, I also want to integrate presales into my crypto portfolio to maximize profits even though thee crypto market it’s low.
Qexciting and lucrative presale kings with high potential are now live and each of them is raising a lot of value while the crypto market remains low.
If you are an investor who likes to take risks and get high rewards, you may want to check it out Dash2Trade, taxes Token and Calvary.
Each of these tokens can be launched within the next three months and once deployed on the platforms Cex or Dex. We see a remarkable rise in each of these tokens.
Remember that you should do your own research and make sure you read the white papers carefully before making a decision.buy cryptos in presale.