Binance Coin (BNB) is trading at $652.34, slipping slightly by 0.29%. The volume has reached a high of $1.43 billion in the past 24 hours, an increase of 2.63%. With that minor setback out of the way, BNB still stands 2.11% higher for the week, showing strength in an unpredictable crypto market. That steady action has piqued new interest among traders following the altcoin’s every move.
Crypto analyst CoinCodeCap reports a confirmed breakout, taking BNB through its 200-day Simple Moving Average at $642. The market travels in a Falling Wedge pattern, with next targets at the $700 resistance. Key support levels are at $642, $620, and $550, with resistance holding firmly at $700 and $750. Traders classify the short-term trend “strong up,” showing that bullish sentiment continues to be robust.
BNB shows bullish momentum above $642
CoinCodeCap’s forecast shows growing optimism. The breakthrough to the upside over $642 shows positive control with a stop below $637 to keep risks to the downside. The overall trend remains intact in the longer term to support traders in holding off or buying positions. The latest price level lies just below the profit target to sustain the view of a potential rally.
Still, mid-term indicators show neutrality, hinting that BNB may face some range-bound trading before a big move. The climb to $700 won’t be easy, with major resistance looming. But if the coin pushes through, technical charts suggest a clear path toward $750. Investors are watching price behavior around $650 closely, any strong move upward could set the tone for the rest of Q3.
BNB Price Forecasts for 2025
DigitalCoinPrice expects BNB to soar by the end of 2025. Their forecast predicts BNB could reach $1,428.86, more than doubling its current value. Analysts believe BNB will break its all-time high of $793.35 soon, then hold between $1,352.87 and $1,428.86. Optimism from investors and market leaders adds weight to this bold projection.
Changelly offers a more cautious view. Their 2025 prediction places BNB’s average around $676.31, with a possible high of $621.46, lower than today’s price. They estimate a negative ROI of -4.5%, showing disagreement among analysts. For July 2025, Changelly suggests a mild uptick, with BNB possibly reaching $676.31. Traders should brace for sharp swings and mixed signals throughout the year
