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BNB Analysis: Are We Approaching $700?
The price of BNB rose today by 3.74% to reach $670.91, supported by a breakout of the technical "bull flag" pattern, indicating the possibility of a continued upward trend.
This increase coincided with the upcoming "Maxwell Hard Fork," which heightened investor interest.
The technical analysis shows a positive crossover between the moving averages (EMA), reinforcing expectations of the price reaching $750 in the near term.