Analysis of the price of Binance Coin today (December 29, 2024)

The current price of Binance Coin ($BNB ) is $712.36, and the price has increased by +2.39% in the last 24 hours. BNB is currently available on 28 exchanges, and in the last 24 hours, 1,270,069 BNB coins have been traded, amounting to $904,740,254 in trading volume.$BTC $ETH

Today, Binance Coin (BNB) opened at $722.51. This is -1.41% lower than the opening price. Despite a rally to $723.75, Binance Coin (BNB) faced resistance and could not maintain the momentum to move higher. From the maximum price in the last 30 and 7 days, its value has decreased by -10.15% and -0.87%, while from the minimum recorded price over the same period, it has increased by 14.86% and 11.53%.

According to our analysis, BNB needs to stay above $685.15 to potentially move towards the first significant resistance level at $720.01. A breakout above $720.01 could lead to an increase in BNB to the next resistance level at $760.25.

If the price drops, the first support level to watch is $685.15. If this level does not hold, further decline to the next support level at $659.67#BtcNewHolder may occur.