BNB (BNB) Price Prediction for July 24
BNB is pushing higher, currently trading near $794 after a clean break above the $675 to $700 supply zone. The rally follows a structural shift that began earlier this month and is now backed by strong volume and long-dominant derivatives positioning.
What’s Happening With BNB’s Price?
On the daily chart, BNB price has confirmed a breakout from a compressed structure that previously faced repeated rejection. The move past $700 was accompanied by a wide bullish candle that flipped prior resistance into support. The price is now rising inside a long-term ascending channel, with the upper boundary near $850 acting as the next potential test.
The weekly chart also shows BNB pushing past the midline of the channel, which has historically triggered strong continuation. If this breakout holds, price could continue grinding toward the $900 area over the coming weeks.
Why BNB Price Going Up Today?
Why BNB price going up today is tied to aggressive long interest and strong on-chain confirmation. Coinglass data shows that open inter…
The post BNB (BNB) Price Prediction for July 24 appeared first on Coin Edition.
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BNB (BNB) Price Prediction for July 24
BNB is pushing higher, currently trading near $794 after a clean break above the $675 to $700 supply zone. The rally follows a structural shift that began earlier this month and is now backed by strong volume and long-dominant derivatives positioning.
What’s Happening With BNB’s Price?
On the daily chart, BNB price has confirmed a breakout from a compressed structure that previously faced repeated rejection. The move past $700 was accompanied by a wide bullish candle that flipped prior resistance into support. The price is now rising inside a long-term ascending channel, with the upper boundary near $850 acting as the next potential test.
The weekly chart also shows BNB pushing past the midline of the channel, which has historically triggered strong continuation. If this breakout holds, price could continue grinding toward the $900 area over the coming weeks.
Why BNB Price Going Up Today?
Why BNB price going up today is tied to aggressive long interest and strong on-chain confirmation. Coinglass data shows that open inter…
The post BNB (BNB) Price Prediction for July 24 appeared first on Coin Edition.
Read More
Pudgy Penguins (PENGU) Price Prediction for July 27