The price of $BNB is aimed at further growth
The price reached $809 after a 16% increase over the last week, setting a new ATH. The altcoin has successfully completed a long period of consolidation. Recent movements indicate strong upward momentum, suggesting the possibility of further growth.
Positive market sentiments are helping the coin to overcome key resistance levels. If this trend continues, BNB could reach the $850 mark. This will be an important psychological milestone for the altcoin. This level may attract more investors and provide additional support for the token.
However, if BNB holders decide to take profits, the price could decline. Increased selling could push it below the current support of $741, which would negate the positive forecast. Such a drop would indicate a change in sentiment and likely lead to a correction in the market.
