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

The current price of Binance Coin ($BNB ) is $700.28, the price has decreased by -4.00% in the last 24 hours. BNB is currently available on 28 exchanges, and in the last 24 hours, 1,034,123 BNB coins have been traded, amounting to $724,173,825 in trading volume.

Today, Binance Coin (BNB) opened at $722.51. This is -3.08% 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 -11.68% and -2.55%, while from the minimum recorded price over the same period, it has increased by 12.92% and 9.64%.

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

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