#bnbpriceprediction
BNB price prediction
Sellers thwarted attempts by the bulls to push BNB
$649.17
above the 20-day EMA ($653) on Monday and Tuesday.BNB/USDT daily chart. Source: Cointelegraph/TradingView
The bears will try to strengthen their position by pulling the price below the $634 support. If they do that, the BNB/USDT pair could tumble to $580.
On the contrary, if the price rebounds off $634 with force, it signals solid demand at lower levels. The bulls will have to drive the price above $660 to open the gates for a rally to the overhead resistance of $693. Sellers are expected to vigorously defend the $693 level because a break above it may catapult the pair to $732.
