Binance Price Forecast: BNB Prepares for a Bullish Path Towards $800
The Binance BNB currency has been in an upward structure since the beginning of 2024, yet recent price movements suggest the possibility of a deeper pullback before any actual breakout.
The currency is currently trading in the middle of a wide price channel, which started in February 2024. With several key technical indicators converging around the $400 level, it seems likely that a retest of this level will occur before resuming the rise towards higher targets, which may include $800.
The currency is currently trading in the middle of a wide price channel, which started in February 2024. With several key technical indicators converging around the $400 level, it seems likely that a retest of this level will occur before resuming the rise towards higher targets, which may include $800.
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BNB
682.56
+3.24%
