BNB Finally Profit Done $811 & Road to $888-$1K in 2025. BNB price now Dynamic Resistance Area. Price will hit $888 - $1K if Breakout ATH of this month it will be happened. BNB price now Resistance area $863 of ATH and Weekly Time Fream Breakouts to $888 Mystery of Historical Milestone.Breaking: Binance Taps Spain’s BBVA Bank to Custody Crypto, BNB Price Soars
BNB Price Rises 3%
BNB price jumped nearly 3% in the past 24 hours, with the price trading at $790 during writing. The 24-hour low and high were $765.52 and $790.98, respectively.
Furthermore, the trading volume saw a more than 25% increase in the last 24 hours, indicating a significant rise in interest among traders. It happened amid a broader crypto market recovery.
Popular analyst Ali Martinez, in an X post, predicted BNB price to move higher as it is in the discovery phase after hitting a new ATH. It also has one of the strongest year-to-date performances.
Traders’ confidence in BNB remained high as it resisted market volatility, while other crypto assets were down 20-40% after hitting ATH this year.
In the daily timeframe, the price was moving comfortably above the 50-SMA, 100-SMA, and 200-SMA at the time of writing.
Whereas, the Relative Strength Index (RSI) climbed to 58.08, signaling potential for a further upside move to $900.
CoinGlass data showed mixed trading activity in the derivatives market. At the time of writing, the total BNB futures open interest jumped more than 1.30% to $585.69 million in the last 24 hours.
However, 4-hour BNB futures open interest on Binance and OKX were down 0.02, 0.30%, but increased by 0.72% on Bybit.
This signals that derivatives traders remain cautious over a sudden rally in BNB price.
#highlight #everyone #BinanceSquareFamily #Binance #ETH #SUBROOFFICIAL
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not available for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.