$BNB
The current price of the BNB USDT pair is $808.20, with a 0.38% increase in the past 24 hours. Technical analysis suggests a potential bullish continuation, with some analysts predicting a rise to $804-$850 or even $847.3.
Key Insights:
BNB's Price Movement: BNB recently bounced off the $644 support and is facing resistance at the 20-day EMA ($659). A break above $693 could lead to a rally to $732 and $761.
Whale Activity: Whale activity has been picking up after Bitcoin rallied near $112,000, sometimes signaling profit-taking. However, there isn't specific information on whales' upcoming reaction in the crypto market regarding BNB USDT pair.
Market Trends: The crypto market is highly volatile, and traders should study available stats before making decisions. BNB's price has increased by 5.14% over the last week and 17.83% over the month.
Traders' Predictions:
Bullish Continuation: Some analysts expect a bullish continuation toward $808.5 and $847.3 if the price holds above $750.
Resistance Levels: BNB needs to break above $693 to signal strength and potentially rally to $732 and $761.
Support Levels: The $644 support level is crucial, and a break below it could lead to a decline.
This is not a Financial advice.
Research and watch market sentiments.