$BNB Currently, the BNB price is around $693.90 USD, reflecting a 2.64% increase in the past 24 hours. The 24-hour trading range for BNB was between $675.63 and $697.24 USD. The market sentiment for BNB appears to be neutral to bullish, with indicators like the MACD showing an upward trend and the RSI in a healthy range. Some analysts are suggesting that if the price breaks through the $680-$700 resistance area, it could potentially target $720 and higher. However, others suggest sideways action if resistance holds.
Trading pairs and strategies
Popular trading pairs for BNB include:
BNB/BTC: This pair offers high liquidity and potential for growth, allowing traders to diversify their portfolio by trading against the market leader.
BNB/USDT: Tether (USDT) is a stablecoin pegged to the US dollar, providing a less volatile option for speculating on BNB's price movements or hedging against market fluctuations.
BNB/ETH: This pair also offers high liquidity and opportunities for growth within the Ethereum ecosystem.