![]() As new use cases for BNB are developed, the demand for the token could also increase. BNB is already used for a variety of purposes, such as paying for transaction fees on the Binance exchange and participating in Binance Launchpad token sales. The development of new use cases for BNB.As more and more people adopt cryptocurrencies, the demand for BNB could also increase. The increasing adoption of cryptocurrencies.This growth could lead to an increase in demand for BNB, which could drive up its price. Binance is one of the largest cryptocurrency exchanges in the world, and it is constantly growing. The continued growth of the Binance ecosystem.There are a number of factors that could contribute to the growth of BNB in the future. However, most experts believe that BNB is a strong investment and that its price will continue to rise in the long term. So, what’s next for BNB? Here are some expert predictions for the price of BNB in the years to come:Īs you can see, there is a wide range of predictions for the price of BNB in the years to come. However, the token has since recovered and is currently trading around $240. After reaching an all-time high of over $600 in 2017, BNB’s price plummeted to below $100 in 2018. ![]() On the upside, a real break past $2 would reinforce the buyers’ presence in the market amid speculation for takeoff to $3.The price of Binance Coin (BNB) has been on a wild ride in recent years. Polygon Age Consumed Santiment chartīased on the above technical outlook, MATIC must stay above the 200-day SMA to lock in the volatility for a bullish breakout. Note that such movements often indicated the possibility of high volatility with Polygon’s price likelihood to break out to either direction. MATIC/USD Daily Chart Tradingview chart: MATIC/USDĪccording to data from Santiment, previously dormant MATIC tokens have lately been on the move. ![]() If the buyer congestion at $1.7 cracks, investors could start considering new entries at $1.1 and $1, respectively. Losses will gain traction if the RSI upheld an ongoing downward slope toward the oversold area. For MATIC, securing higher support was paramount now more than ever in light of an incoming Relative Strength Index (RSI) negative divergence. The token had climbed several barriers to $2 but lost steam at a confluence resistance formed by the 50-day SMA, 100 SMA, and the descending trend line. Polygon’s price doddered at $1.78 at press time while bulls rushed to defend nearby support levels like the 200-day SMA. Dash Weighted Sentiment Santiment chart MATIC Price Runs Into Tough Hurdles The last time (November) this indicator lifted from the same zone, DASH surged 21.8% to $243. Looking at the token’s weighted social sentiment, on-chain data from Santiment placed the index at +0.2 up from a four-month low of -1.05. DASH/USD Daily Chart Tradingview chart: DASHUSD At the same time, the 50-day Simple Moving Average (SMA) must be reclaimed as support to catapult Dash’s price past the subsequent seller congestion at $120. MACD needs to make a comeback into the positive region, above the mean line, to add weight to the optimistic narrative. ![]() The uptick was supported by a buy signal from the Moving Average Convergence Divergence (MACD). However, buyers regained control within no time, sending DASH above the descending trend line (broken). Dash’s Price Prepared For Run Up To $160ĭash’s price settled above the green band after the massive crypto selloff in January as illustrated on the daily chart (below). MATIC was also in the same predicament with the paramount necessity to defend the support at $0.78, to allow buyers ample time to work on the liftoff past $2. Nevertheless, there was the need to flip the hurdle at $120 into immediate support to affirm the token’s run to $140 and $160, respectively. The entire first quarter of 2021 was likely to be marred with lock-step trading and frequent dips.ĭash’s price, had gained 6.3% in the last 24 hours to exchange hands roughly at $115.
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