Binance Coin (BNB) is trading at $624.74, with a 1.59% increase in the past 24 hours, amid short-term volatility and mixed signals.
Analysts suggest a potential rebound towards $700, noting short-term pressure.
Predictions for BNB's price in 2025 vary widely, with optimistic forecasts indicating a surge beyond previous all-time highs.
Crypto analyst CoinCodeCap Trading sees the recent price retracement to $620 as a buying opportunity, with a potential 15% gain if BNB reaches $700.
Short-term and medium-term trends for BNB are bearish, with support levels at $620 and $550, and resistance ranges between $700 and $750.
Price forecasts for BNB in 2025 range from a bullish scenario projecting levels between $1,297.39 and $1,370.26 by year-end to a more conservative estimate with prices fluctuating around $676.31.