New ATH by BNB May Come Very Soon. Here is our analysis of $BNB ;

According to our current Binance Coin price prediction, the Binance Coin price is predicted to increase by 13.60% to $796.07 by July 7, 2024. According to our technical indicators, the current sentiment is Bullish while the Fear and Greed Index reads 77 (Extreme Greed). Binance Coin recorded 17/30 (57%) green days with a 5.05% price fluctuation in the last 30 days.

According to data on June 7, 2024 at 15:58, the overall Binance Coin price forecast sentiment is bullish, with 29 technical analysis indicators indicating bullish signals and 5 indicating bearish signals.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 80.42, which indicates that the BNB market is in an overbought position. The RSI indicator shows that the BNB price will increase.

Based on today's classic pivot point (P1) of $707, Binance Coin has support levels at $696.24, $682.37, and the strongest at $671.05. Similarly, Binance Coin resistance levels are at $721.43, $732.75 and $746.62. 

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