BNB's current price is $694.57, with a 0.95% increase over the last 24 hours.
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The market capitalization stands at $104.29 billion, with a circulating supply of 144 million BNB coins.
In terms of recent performance, BNB's price has experienced a slight downturn, with its price dropping 1.44% in the last 24 hours . The cryptocurrency has been trading sideways within the Mayer Multiple Bands (MMB) Mean and the 1st SD above, and since July within the 1st SD above and the 1W MA50 ².
*Technical Analysis:*
- _Trend:_ Neutral
- _Resistance:_ $700
- _Support:_ $650
*Market Sentiment:*
The BNB community is cautiously optimistic, with some investors expecting a breakout above $700 and others predicting a further downturn. Some analysts believe that BNB is on the verge of a critical breakout, with momentum building on both sides.
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