Current Prices and Context
Recent Performance: BNB has experienced significant price volatility due to a variety of factors, including regulatory issues and developments in the Binance ecosystem.
$TON
Resistance and Support Levels.
BNB: it’s Primary resistance is $630 and it’s Major support is $550
Recent resistance at $630 suggests that a break above this level could open the door to new highs, especially in the context of a bull market.
TON Coin: it’s Primary resistance is $8 And it’s Major support at $6.
The TON price has shown stability around the $6 support level, with major resistance at $8 which, if broken, could lead to further price gains.
July 2024 Price Projection.
BNB: BNB's periodic coin burn and its central role in the Binance ecosystem continue to be key catalysts for its price. EVM compatibility and DeFi acceptance are also positive factors.
BNB's price is expected to be between $600 and $700 by July 2024, depending on the regulatory climate and the performance of the overall cryptocurrency market.
TON Coin: TON has shown upside potential due to its adoption and integration into various services and platforms. Its recent stability suggests moderate upside potential.
TON's price is expected to range between $7.50 and $9.00 by July 2024, with a gradual increase based on adoption and market demand.
Growth during Bull Run 2024.
BNB has higher growth potential due to its strong integration into the Binance ecosystem, continued coin burn, and widespread use in multiple applications both on and off the Binance platform. TON Coin also has growth potential, but it appears more limited compared to BNB due to its lower adoption and market volume.
In summary, BNB is likely to experience higher growth during the 2024 bull run due to its strong fundamentals and central role in one of the world's largest cryptocurrency platforms.
