BINANCE (BNB) PRICE EYES $700!

Binance Coin (BNB) is currently trading at $639.05, with a 1.43% decrease in the last 24 hours. Analysts are predicting a potential surge to $700, driven by the upcoming Maxwell hard fork on June 30, which could act as a catalyst for movement. This forecast is based on a descending triangle pattern forming in the BNB price chart, suggesting a potential breakout .

Key Factors Influencing BNB's Price:

Maxwell Hard Fork: Scheduled for June 30, this upgrade could boost BNB's price by increasing network usage and adoption.

Daily Transactions: A significant surge in daily transactions on Binance Smart Chain, from 8.1 million to 17.6 million, indicates growing activity and potential for price growth.

Technical Indicators: While currently range-bound, BNB's price could break out if bullish momentum builds post-Maxwell upgrade .

BNB's Recent Price Performance:

2025 High: BNB reached $698 by the last week of May, driven by bullish momentum.

Current Trend: BNB's price has been stuck in a sideways trend for the past three weeks in June, with some analysts predicting a potential price pump soon .#ScalpingStrategy #MarketPullback #bnb $BNB