BNB Price Just 10% Off All-Time High: Here’s What Could Happen Next

BNB has surged 181.79% in 2024, now 10% off its all-time high, but ADX at 19 is signaling weak momentum.

The Ichimoku Cloud is showing mixed signals, with BNB staying close to key support areas but struggling to maintain strong upward momentum.

BNB could reach $719.84 and make new highs if momentum returns; failure could lead to a retest of $603 or $593.

BNB price is just 10% off its previous all-time high, having surged 181.79% this year as it continues to show strong market performance. However, recent indicators, including ADX and Ichimoku Cloud, suggest that the current uptrend could be losing steam.

While the bullish structure remains intact, with major resistances within reach, the momentum will need to strengthen for BNP to break its previous all-time high.