BinaryX (BNX), a major participant within the cryptocurrency market, has captured the eye of traders with its current efficiency. Identified for its strong ecosystem and modern method, BinaryX continues to attract curiosity regardless of market fluctuations.
As of early August 2024, BinaryX (BNX) is buying and selling at $1.33, reflecting a 14.35% improve over the previous month. The token’s market cap is roughly $497.43 million, with a 24-hour buying and selling quantity of $14.08 million. Regardless of a lower in buying and selling quantity, the token maintains a circulating provide of 373.40 million BNX out of a complete provide of 561.49 million BNX and a totally diluted market cap of $772.65 million.
BinaryX (BNX) is buying and selling at $1.33, positioning it at quantity 105 on CoinMarketCap by market capitalization. With 373,401,346 BNX cash in circulation, its market cap totals $497,425,392.
BinaryX (BNX) Actual-Time Market Standing
🪙 Title | BinaryX (outdated) |
💱 Image | BNX |
🏅 Rank | #3168 |
💲 Value | $128.81094298817 |
📊 Value Change (1h) | -0.12 % |
📊 Value Change (24h) | -6.64 % |
📊 Value Change (7d) | -11.19 % |
💵 Market Cap | $0 |
💸 Circulating Provide | BNX |
💰 Whole Provide | 6214825.3185245 BNX |
BinaryX (outdated) (BNX) is at present buying and selling at $128.81094298817 and sits at quantity #3168 on CoinMarketCap when it comes to market capitalization. There are 0 BNX cash at present in circulation, bringing the entire market cap to $0.
Over the previous 24 hours, BinaryX (outdated) has decreased by 6.64%. Trying on the final week, the coin is down by 11.19%.
What’s BinaryX (BNX)?
BinaryX is a distinguished blockchain-based undertaking specializing in growing gaming infrastructure and decentralized purposes. Its ecosystem features a vary of merchandise designed to facilitate gaming and DeFi (Decentralized Finance) experiences. The BNX token is the native foreign money inside this ecosystem, enabling transactions and governance.
BinaryX (BNX) Present Market Standing
Just lately, BinaryX has skilled notable worth actions, with the token’s worth fluctuating considerably over the previous month. Regardless of a dip in buying and selling quantity by 65.85%, the general market sentiment round BNX stays optimistic because of its strong fundamentals and steady improvement efforts.
BinaryX (BNX) Value Prediction 2024-2030 Overview
Yr | Potential Low ($) | Potential Excessive ($) |
2024 | $0.90 | $2.50 |
2025 | $1.50 | $4.00 |
2026 | $2.00 | $5.00 |
2027 | $3.00 | $6.50 |
2028 | $4.50 | $8.00 |
2029 | $6.00 | $10.00 |
2030 | $8.00 | $12.00 |
BinaryX (BNX) Value Prediction/Evaluation 2024
Because the BNX market reveals indicators of restoration, traders keenly observe the value motion to find out whether or not the present bullish momentum will be maintained. Given the current improve in worth, the token may see continued curiosity from merchants on the lookout for development alternatives within the cryptocurrency house.
BinaryX (BNX) Value Prediction: Will BNX Break Above the Present Trendline?
The four-hour chart reveals a transparent descending trendline (highlighted in blue), which has acted as a major resistance degree since mid-July. This trendline has constantly rejected upward worth actions, resulting in a collection of decrease highs and decrease lows. However, the amount oscillator reveals a studying of -24.40%, indicating a lower in buying and selling quantity in comparison with earlier intervals. This means a decline in market participation and potential waning curiosity or indecision amongst merchants at present worth ranges. The amount bars point out fluctuating buying and selling exercise, with notable spikes throughout important worth drops and rebounds. The current decline in quantity may signify a consolidation part.
The BinaryX (BNX) worth chart reveals a predominantly bearish pattern, with a descending resistance trendline guiding worth motion decrease. The present part is certainly one of consolidation, with decreased quantity and oscillation indicating indecision amongst merchants.
BNX wants to interrupt above the descending trendline for a possible bullish reversal and maintain greater costs with elevated quantity. Key resistance ranges to look at embrace the $1.40 and $1.50 marks. Conversely, a failure to carry the $1.20 assist degree may result in additional draw back stress.
BinaryX (BNX) Value Prediction: Williams Alligator
different indicators, we see that the value is buying and selling shut to those transferring averages, suggesting a interval of consolidation. The convergence of those transferring averages signifies indecision available in the market, with merchants ready for a transparent course. The amount reveals a average degree of buying and selling exercise. The newest candles present decrease quantity than the spikes noticed throughout sharp worth actions, indicating a possible consolidation part.
The Alligator traces are intertwined, suggesting an absence of a robust pattern and potential sideways motion. When the traces diverge, it signifies the beginning of a pattern, however at present, the traces are shut collectively, reinforcing the consolidation state of affairs.
However, we see that the Cash Circulate Index (MFI) is at 55.78 utilizing worth and quantity information. An MFI worth above 50 sometimes signifies shopping for stress, whereas a beneath 50 signifies promoting stress. The MFI worth is at 55.78, barely above 50, suggesting delicate shopping for curiosity.
BinaryX (BNX) Value Prediction: Bollinger Band
The value trades close to the center band, indicating a impartial place throughout the Bollinger Bands vary. The contraction of the bands suggests a interval of low volatility, which may precede a major worth motion. The amount is average, with no important spikes indicating robust shopping for or promoting stress. The constant quantity suggests regular buying and selling exercise with out important market strikes.
However, the Cash Circulate Index (MFI), which considers each worth and quantity information, is at 55.81, indicating delicate shopping for stress. An MFI worth above 50 sometimes indicators that purchasing curiosity is barely stronger than promoting curiosity. The chart reveals robust assist across the $1.20 degree, the place the value has beforehand discovered shopping for curiosity and rebounded.
BinaryX (BNX) Value Prediction 2024
Assuming the present market traits proceed, BNX may attain a possible low of $0.90 and a excessive of $2.50 by the tip of 2024. Components reminiscent of technological developments, partnerships, and broader market adoption will play essential roles in figuring out its worth trajectory.
BinaryX (BNX) Value Prediction 2025
Publish the 2024 Bitcoin halving, BNX’s worth may see elevated volatility, ranging between $1.50 and $4.00. The halving occasion usually results in market corrections and renewed curiosity in cryptocurrencies, probably benefiting BNX.
BinaryX (BNX) Value Prediction 2026
In 2026, BNX could expertise worth fluctuations between $2.00 and $5.00 because the market stabilizes post-halving and the undertaking continues to develop its ecosystem and appeal to new customers.
BinaryX (BNX) Value Prediction 2027
With rising anticipation for the following Bitcoin halving in 2028, BNX may expertise a bullish surge. Costs may attain as excessive as $6.50 and dip to a low of $3.00.
BinaryX (BNX) Value Prediction 2028
Optimism surrounding the 2028 Bitcoin halving and elevated adoption of blockchain know-how may drive BNX’s worth to a excessive of $8.00, with a possible low of $4.50.
BinaryX (BNX) Value Prediction 2029
By 2029, BinaryX may see its worth peak at $10.00, with a low of $6.00, pushed by technological developments and robust neighborhood assist.
BinaryX (BNX) Value Prediction 2030
As blockchain know-how turns into extra mainstream, BNX may obtain important development, reaching a excessive of $12.00 and a low of $8.00. Continued improvement and strategic partnerships will probably be crucial drivers for this development.
BinaryX (BNX) reveals promising potential for the approaching years, with varied components influencing its worth actions. Buyers ought to monitor market traits and undertaking developments to make knowledgeable selections.
FAQs
BinaryX is a blockchain-based undertaking that develops gaming infrastructure and decentralized purposes. Its ecosystem consists of merchandise designed to facilitate gaming and DeFi experiences, and the BNX token serves because the native foreign money for transactions and governance inside this ecosystem.
As of early August 2024, BinaryX (BNX) is buying and selling at $1.33.
The market cap of BinaryX (BNX) stands at roughly $497.43 million.
The circulating BinaryX (BNX) is 373.40 million BNX out of a complete provide of 561.49 million BNX.
The 24-hour buying and selling quantity of BinaryX (BNX) is $14.08 million.
BinaryX (BNX) has seen a 14.35% improve over the previous month regardless of a 65.85% lower in buying and selling quantity.
The $1.40 and $1.50 resistance ranges ought to be monitored, whereas the essential assist degree is $1.20.
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