BNB analysis ✨✨

🔥As of December 18, 2024, the price of BNB is $717.85, with a market cap of $103.38 billion. 🔥

💹Technical indicators

The Fear & Greed Index is at 87, indicating extreme greed, and the market sentiment is bullish at 87%. 

🪙Price prediction

Some say that BNB could increase in value and reach new highs, while others say that it could correct and target lower support levels. 

💪Support levels

Strong support levels are at $650 and $632. 

💰Money Flow Index (MFI)💱

A very high MFI that falls below 80 while the security continues to climb could be a reversal signal to the downside. A very low MFI that climbs above 20 while the security continues to sell off could be a reversal signal to the upside.