$BNB
BNB’s (BNB) Price Could Get Closer to $1K in Early 2025
BNB outperformed the broader altcoin market by recording an impressive 9.89% price increase over the past seven days. After this rally, BNB became the 5th largest cryptocurrency with a market cap of $104.83 billion. BNB is now forming a symmetrical triangle on its daily chart as it consolidates around the $722 level.
At the time of writing, BNB was trading for $727.87 after another intraday increase of 1.18%. At this price level, BNB is trading above all of its Simple Moving Averages on the daily chart. Analysts are keeping a close eye on the $710, $650 and $632 levels as a potential downside correction for BNB. If BNB’s buying activity remains high for the next few weeks, BNB’s price could break above the critical $746 level and set a long-term price target between the $805 and $900 range