Binance Coin (BNB) Price Prediction for June 25

Read U.TODAY

Google News

According to CoinMarketCap, most coins are recovering after the market crash.

Image courtesy of Trading View

On the hourly chart, the BNB rate is attempting to rise after falsely breaking out of the local support level at $568.7.

However, there is not yet enough energy accumulated, so resistance is unlikely to be tested before tomorrow.

Image courtesy of Trading View

Looking at the longer timeframe, the price of BNB is far away from the key levels, but if the rate retraces the $550-$560 zone, we can expect a test of the $540 level within the next few days.

Image courtesy of Trading View

From a medium-term perspective, the situation is more or less similar, but we need to wait for the bar to close. If that happens around the current price, a sideways trade in the $540-$580 range is the more likely scenario.

BNB is trading at $571.7 at the time of writing.

About the Author

Denis Serhiychuk

Related Article

0 Comments

Leave a Comment