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BNB Price Breakout: Is $700 the Next Target for Binance Coin?

  • BNB is currently trading at $662.06 with positive short-term momentum and resistance near $700.
  • Analysts highlight major support levels between $620 and $550 with varied forecasts for 2025, ranging from highs over $1,450 to more moderate returns.
  • Technical analysis indicates a bullish breakout for BNB, crossing above its 200-day SMA at $642.
  • While short-term indicators are bullish, medium-term forecasts for BNB range from significant highs to minimal losses, suggesting uncertainty in the crypto market.

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