Analysis of Binance Coin price today (December 31, 2024)

The current price of Binance Coin ($BNB ) is $702.45, the price has increased by +0.18% in the last 24 hours. BNB is currently available on 28 exchanges, and in the last 24 hours, 1,197,509 BNB coins have been exchanged, totaling $841,195,319 in trading volume.

Today, Binance Coin (BNB) opened at $705.24. This is -0.39% lower than the opening price. Despite rallying to $707.60, Binance Coin (BNB) faced resistance and could not maintain momentum to move higher. From the maximum price in the last 30 and 7 days, its value has decreased by -11.40% and -3.85%, and from the minimum recorded price over the same period, it has increased by 13.27% and 9.98%.

According to our analysis, BNB needs to stay above $685.15 to potentially move towards the first important resistance level at $720.01. A breakout above $720.01 could lead to a rise 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 is possible.