BNB is now trading at $655.26, slipping 0.52% in the last 24 hours. Trading volume fell to $1.29 billion, a drop of 8.41%. This signals a slowdown in market activity, even as BNB’s price remains relatively stable. Over the past week, the coin inched up by 1.42%, showing a mild but consistent uptrend.
Despite the fall back, BNB is still on track. Traders are on edge with support holding at $620 and $550. Resistance is $700 and $750. Signals for short-term, medium-term, and long-term trends are all bullish and sentiment is bullish. Investor sentiment and strength of BNB will be tested in upcoming sessions.
Long-Term Holders Remain Confident in BNB Trend
Crypto analyst CoinCodeCap has called it, “BNB Breakout Watch.” According to their view, BNB has broken out of a falling wedge pattern and crossed above the 200-day SMA. This is often a strong bullish signal. With a stop loss at $637 and the next target at $700, the coin seems poised for a potential rally.
Short-term traders may jump in to ride this breakout, while long-term holders continue to back the upward trend. The chart setup supports a strong move ahead. But volatility remains part of the game, and failure to hold key levels could invite correction. Still, the bullish breakout has sparked optimism in the crypto space.
BNB price forecast shows strong potential
DigitalCoinPrice paints a bold picture, predicting BNB to soar past $1,435.42 before the year ends. It suggests the coin may break its former high of $793.35 and range between $1,359.08 and $1,435.42. In January 2025, BNB hit $744.40 before dipping below $644.33. This swing has kept traders alert and hopeful.
Changelly takes a more cautious stance. It projects a July 2025 average of $643.32, with a possible low of $610.33 and high of $676.31. Their yearly forecast caps at $625.17. While this implies a modest ROI of -4.9%, it still shows stability. Whether BNB will meet explosive or conservative targets depends on the months ahead.
