Binance Coin (BNB) Shows Modest Gains Amid Narrow Trading Range, Potential Correction and Upside Possible
2025-07-10 15:07:46
Main Idea
Binance Coin (BNB) shows modest gains within a narrow trading range, with key resistance and support levels influencing potential price movements.
Key Points
1. BNB price increased by 1.2% over the past 24 hours, trading between support at $668.45 and resistance at $673.21.
2. A short-term correction toward the $665 support zone is possible if BNB fails to break the $674 resistance.
3. The weekly candle close around $673.43 could signal BNB's trajectory, with a potential target near $700.
4. Technical indicators suggest a period of stability, with the daily and weekly candle closures being critical for future price direction.
Description
Cryptocurrency markets continue to show resilience as most major coins remain in the green, signaling steady investor confidence. Binance Coin (BNB) has demonstrated modest gains, reflecting cautious optimism amid a
Latest News
- Whale Transfers 4,500 ETH to Binance Amid $4.32 Million Unrealized Loss2025-07-11 00:56:17
- Bullish Exchange’s Migration to Solana Signals Potential Growth in Institutional Use of SOL2025-07-11 00:44:44
- Ethereum Foundation Sells 1,210 ETH for $3.5M USDC, Reports Mars Finance2025-07-11 00:44:27
- Bitcoin Faces Resistance Near All-Time High While Shiba Inu and XRP Show Potential for Gains2025-07-11 00:32:53
- TRUMP TELLS NBC THAT EU CANADA WOULD RECEIVE NEW TARIFF RATE LETTERS TODAY OR TOMORROW2025-07-11 00:20:18