Binance Coin (BNB) Shows Potential for Breakout Near $770 Amid Top 10 Coin Gains

Key Points

1. All top 10 cryptocurrencies are experiencing price increases today, with Binance Coin (BNB) showing a near 1% rise, currently trading at $764.88.

2. BNB is approaching a local resistance level at $769.79; a breakout above this could lead to further growth toward the $780-$800 range.

3. Key support levels for BNB are around $740 and $700; a weekly close below $740 could signal a decline toward $700.

4. The $770 price zone is pivotal for BNB's short-term trend, acting as a resistance barrier that could unlock upward momentum if broken.

5. The broader market rally reflects positive sentiment, with CoinStats data showing gains across the top 10 cryptocurrencies.