#PriceTrendAnalysis As of February 22, 2025, Binance Coin (BNB) is trading at approximately $655.35. In December 2024, BNB reached an all-time high of $794.3, driven by increased trading volume and on-chain activity. However, technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) have shown bearish divergences, suggesting potential downward pressure. Analysts have identified key support levels at $650.6 and resistance levels at $750 and $800. Maintaining support above $650.6 could pave the way for a rally toward $1,085.7. Conversely, failure to hold this support may lead to further declines. Investors should monitor these levels and market indicators closely to inform their trading strategies.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.