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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 breaking the technical 'bull flag' pattern, indicating the likelihood of a continued upward trend.
This rise coincided with the approaching date of the 'Maxwell Hard Fork', which increased investor interest.
Technical analysis shows a positive crossover between moving averages (EMA), reinforcing expectations of the price reaching $750 in the near term.