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Binance Coin (BNB) Price Analysis for July 17

2025-07-17 15:59:45

Binance Coin (BNB) Price Analysis for July 17

Main Idea

Binance Coin (BNB) shows bullish trends with potential for further growth if key resistance levels are broken, despite a recent local price increase.

Key Points

1. Binance Coin (BNB) price increased by 4.59% since yesterday, maintaining a bullish outlook on the hourly chart.

2. A breakout above the $728 resistance level could lead to a test of the $740 range, with potential growth up to $750.

3. BNB is approaching the $737 resistance level; a weekly close at or above this level may signal further growth to $793 by month-end.

4. At press time, BNB was trading at $722.

Description

Can traders expect local drop from Binance Coin (BNB) by end of week?

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