Binance Coin (BNB) is one of the most prominent digital currencies in the market, as it witnessed significant price fluctuations during the year 2024. According to the available data, the price of BNB reached about $713.1 in
MUSTAFA AL HAZMI
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Bullish
#التدول #BNB Why Trade BNB? Numbers and Forecasts for 2025
• Total growth: Over 690,000% since the launch of the coin.
2. Reasons that support trading in BNB: • Practical use: 25% discount on trading fees on Binance, and its role in Binance Launchpad, DeFi, and NFT projects. • Supply reduction policy: BNB is burned periodically, which reduces the supply and increases the value in the long term. • Support for the largest global trading platform: Binance continues to add services and products based on BNB, which increases demand for it.
3. Current technical indicators: • Support area: $200-$210 (strong buying opportunity when reaching this area). • Resistance zone: $240-$250 (breaking it could push the price towards $300).
• Moving Averages (MA): The current price is close to support levels, indicating the possibility of regaining upward momentum.
4. Analysts' forecasts for 2025 (in numbers): • Cryptopolitan: • Minimum price: $1,045. • Maximum price: $1,191. • DigitalCoinPrice: • The price is expected to reach around $769. • Average forecast: Between $769 and $1,191, as Binance continues to grow and expand its projects.
Is this coin recommended to buy Yes BNB $BNB
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