BNB Price Prediction For April End 2024

Binance’s BNB token appears to be recovering from the recent market correction spurred by Iran’s attack on Israel. The asset is down 0.5% on the daily chart, but up 9.5% on the weekly chart, 4.8% on the 14-day chart, and 9% month-on-month. Moreover, BNB price has soared 82% since April 2023.

sauce: CoinGecko

Also read: Predicting Binance BNB to hit new all-time highs: The time has come

BNB’s recent rally may be due to BTC regaining the $66,000 level. The recovery in BTC appears to be due to continued inflows into spot BTC ETFs (exchange traded funds).According to Bloomberg ETF experts Eric BalchunasBlackRock’s BTC ETF is inching closer to entering the top 10 of ETF lists.

Binance BNB price prediction at the end of April 2024

Source: Binance

According to CoinCodex, BNB will be in a bullish phase for at least the next few weeks. The platform expects BNB to reach $645.17 on April 30, 2024. From current levels to $645.17, it would represent a growth of approximately 7.01%.

sauce: coin codex

Furthermore, CoinCodex predicts that Binance’s BNB token will hit a new all-time high next month. According to the platform’s data, BNB could reach $757.75 on May 12, 2024. Reaching $757.75 from current levels would represent growth of approximately 25.68%.

Also read: Could Binance Coin (BNB) reach $800 by the end of April?

Changely He also has a bullish outlook on Binance’s BNB coin. The platform expects BNB to reach $636.19 on April 30, 2024. Additionally, Changelly also expects BNB to reach new highs next month. The platform predicts that BNB will rise to $750.26 on May 11, 2024.

The bullish outlook on BNB could be due to bullish predictions for Bitcoin (BTC). Many analysts expect the yuan cryptocurrency to reach all-time highs soon. If BTC regains all-time highs, it could lead to an overall market rally.

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