The current price of BNB is $683.98, with a 2.57% decrease in the last 24 hours. Based on technical analysis, here's what we can expect for the next 24 hours:
- *Predicted Price Range*: $680.97 - $697.87, with a potential target of $699, which is a critical resistance level.
- *Trend*: Bullish, with a short-term uptrend indicated by the ascending triangle formation and stable trading volume.
- *Resistance Levels*: $685.15, $720.01, and $760.25, which are key levels to watch for a potential breakout.
- *Support Levels*: $659.67 and $657, which could act as a cushion in case of a price drop.
- *Moving Averages*: BNB price currently sits above all 10, 20, 50, 100, and 200-day EMAs, showing a bullish signal.
- *RSI*: The 14-day Relative Strength Index (RSI) is currently at 66.64, suggesting neutral conditions, while the weekly chart's RSI is at 48.64, also indicating natural conditions in the market.
Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. These predictions are based on historical data and technical analysis, but actual prices may vary ¹ ² ³.
