📈 According to Binance data, the cryptocurrency BNB (Binance Coin) is showing a strong upward trend. At the time of writing, the price is 792.51 USDC, which is approximately 674.78 euros, and this is already +3.35% for the day. The chart inspires optimism: since the end of June 2025, there has been steady growth from around 601.44 USDC to today's peak of 805.09 USDC.
🔍 Technical analysis on the chart:
• Moving averages (MA):
• MA(7) = 755.55 — the price is consistently above the short-term average.
• MA(25) = 695.13 — confirms a medium-term bullish trend.
• MA(99) = 652.75 — long-term support is significantly below the current price, indicating a strong upward momentum.
• Candles form a 'staircase of growth', each subsequent one is higher than the previous. This is a sign of sustained interest from buyers.
• Volumes: In the last 24 hours, trading volume exceeded 65,850 BNB, indicating an active market phase and high demand.
• Order book: Buyer superiority — 58.95% against 41.05% for sellers. Demand clearly exceeds supply, which could push the price even higher.
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💡 Why this could be an interesting entry point:
• Breaking resistance in the area of 770 USDC has opened the way to new highs.
• Market sentiment is positive, and the upward trend continues.
• BNB has historically shown strength during market growth periods, especially considering its connection to the world's largest cryptocurrency exchange — Binance.
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🛑 Important:
This article is not financial advice. The cryptocurrency market is extremely volatile, and any investments carry risks. Always conduct your own analysis and consider your personal financial situation before making investment decisions.
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👉 But if you believe in the potential of Binance and the cryptocurrency market in general — now might be the right time to pay attention to BNB.
Wishing you successful trades and well-considered decisions! 🔥
