Quick Analysis of BNB and Forecast to 2025
Current Price: $740.61.
Profit Targets:
• 20%: $888.73.
• 30%: $962.79.
• 40%: $1,036.85.
Technical Status:
1. Moving Averages:
• Price above MA50 (720) and MA200 (680) = Uptrend.
2. RSI: at 65, close to overbought.
3. MACD: Bullish momentum.
4. Volume: supports uptrend.
Forecast to 2025:
• Price may reach $1,045 - $1,191 by January 1, 2025.
Recommendations:
• Buy now if target is 20% and watch the market.
• Use stop loss orders at $720 to protect capital.
Investing in cryptocurrencies is high risk. Analyze before making a decision