BNB Price Analysis: Can Binance Coin Hit $750 Next?
The last two quarters have been fruitful for native exchanges' coins.
After WhiteBIT's WBT updated its ATH several times, now Binance Coin (BNB) is surging, reclaiming $700 with an 11% intraday jump and trading at $708.10. With daily trading volume up 88%, bullish momentum is building, making BNB a key contender in this month’s altcoin market rally.
BNB Market Overview:
📈 +11.17% in 24 hours – Trading volume at 3.71B (+87.43%)
📈 +21.47% in a week – Bullish trend intensifies
📈 Market Cap: 99.55B – 5th largest crypto, 3.14% market dominance
Technical Indicators Favor Bulls:
- RSI Surges Toward Overbought Levels – Strong bullish momentum.
- EMA 50/200 Shows Positive Crossover – Confirming trend continuation.
Key Price Levels to Watch:
🔼 Immediate Resistance: $720 – A break here could send BNB toward $750.
🔽 Key Support: $635 – A breakdown could lead to $600.
With market sentiment bullish, BNB could test $750 this month if the trend holds. However, a trend reversal could see a pullback to $635 or $600.
After WhiteBIT's WBT updated its ATH several times, now Binance Coin (BNB) is surging, reclaiming $700 with an 11% intraday jump and trading at $708.10. With daily trading volume up 88%, bullish momentum is building, making BNB a key contender in this month’s altcoin market rally.
BNB Market Overview:
📈 +11.17% in 24 hours – Trading volume at 3.71B (+87.43%)
📈 +21.47% in a week – Bullish trend intensifies
📈 Market Cap: 99.55B – 5th largest crypto, 3.14% market dominance
Technical Indicators Favor Bulls:
- RSI Surges Toward Overbought Levels – Strong bullish momentum.
- EMA 50/200 Shows Positive Crossover – Confirming trend continuation.
Key Price Levels to Watch:
🔼 Immediate Resistance: $720 – A break here could send BNB toward $750.
🔽 Key Support: $635 – A breakdown could lead to $600.
With market sentiment bullish, BNB could test $750 this month if the trend holds. However, a trend reversal could see a pullback to $635 or $600.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.