The current price of Binance Coin $BNB is approximately $715.40, with recent trends showing a 10.95% increase over the past month and a 181.21% rise over the last year. On December 4, 2024, BNB hit its all-time high of $794.30. Analysts suggest that BNB could finish December 2024 with a maximum price of $812 and an average of $748.50.

Technical Analysis Highlights:

RSI (14-day): 61.55, indicating moderate bullish sentiment.

Support and Resistance: BNB broke out of a strong resistance at $720, aiming for $1,000–$1,300 if momentum holds.

Moving Averages: The 50-day and 200-day SMAs signal bullish trends, with values around $586 and $494, respectively.

Long-Term Forecast:

BNB's performance aligns closely with Binance's ecosystem strength. While predictions for 2025 point to prices reaching as high as $1,047–$1,600, challenges like regulatory scrutiny and market volatility remain risks.

If you're planning to invest or trade, staying updated on market trends and regulatory developments is crucial. Let me know if you'd like further insights!