The Binance Coin (BNB) has experienced notable price fluctuations recently. On March 20, 2025, the price of BNB broke the 200-day exponential moving average at around $620.5, rising by about 5%, indicating bullish momentum. However, the price saw minor corrections in the following days, with the coin currently trading around the $635.82 level.
Technical indicators, such as the Relative Strength Index (RSI), show bullish momentum, as the index is above the neutral level of 50. If the daily support level at $612.50 holds, the price of BNB may extend the rise to retest its previous highs around $679.90.
Investors are advised to follow news and developments related to the cryptocurrency market and the Binance platform, as these factors can influence the price of BNB.