As of April 23, 2025, Binance Coin (BNB) is experiencing a bullish trend, trading at approximately $619.21, reflecting a 3% increase over the past 24 hours. This upward momentum aligns with a broader market rally, where Bitcoin has surpassed $94,000, leading to significant gains across major altcoins, including BNB .

📈 Market Highlights

Recent Price Movement: BNB has reclaimed the $600 level, with analysts identifying $620 as the next resistance point. A successful break above this could pave the way toward the $635 target .

Technical Analysis: The current support level is around $611, with resistance levels at $620, $626.6, and $634. Maintaining above the $611 support could indicate continued upward movement .

Recent Developments: BNB's price surge follows Binance CEO CZ's meeting with Malaysia's Prime Minister, which has boosted investor confidence .

Upcoming Events: The BNB Chain is set to undergo the Lorentz hard fork on April 29, aiming to reduce block times and enhance network efficiency .

🖼️ Visual Snapshot$BNB