Currently, BNB is trading at $603, needing to increase about 23% to reach its ATH of $788. However, to achieve this, favorable market conditions and strong support from investors are needed—factors that have been lacking throughout April. Sustainable price increases will be a key factor for Binance's altcoin to reclaim its ATH.
Currently trapped in a downward trend lasting nearly five months, BNB is facing strong resistance. If BNB can break through the $700 threshold, it will confirm that this altcoin is on track to challenge its current ATH and has the potential to set new highs.
