Binance Coin (BNB) Price Prediction & Analysis: New All-Time High Incoming?
BNB has shown impressive recovery signs, currently trading around $633, its highest since February 24! After bouncing from the strong support at $600, itโs breaking through key resistance levels and continuing its upward momentum. Here's whatโs happening:
๐ Technical Indicators:
RSI shows increasing bullish sentiment.
Supertrend & MACD also point toward further upward movement.
BNB has successfully surpassed resistance levels of $618, $625, and even $630!
๐ฎ CoinCodex Predictions:
BNB could hit $1,000 by April 10 and potentially reach a new peak of $1,610 by May 11! ๐
Social dominance has increased to 1.43%, signaling growing interest and demand.
๐ Market Sentiment:
The global crypto market cap is once again hitting $3 trillion, with Bitcoin pushing up past $88,000. The broader marketโs strength is supporting BNBโs recovery.
With a V-shaped recovery in play, traders are optimistic for more gains ahead.
Could we see a new all-time high soon?
