#ChristmasMarketAnalysis
As of December 23, 2024, Binance Coin (BNB) is trading at approximately $660.65, reflecting a slight increase of about 0.25% over the previous close.
Earlier today, BNB surpassed the $660 mark, reaching $660.16, with a 0.38% increase over 24 hours.
However, over the past week, BNB has experienced a decline of approximately 10.96%, dropping to $643.99.
Technical analysis indicates that BNB is consolidating above the $620 support zone, with potential resistance around $675.
In early December 2024, BNB reached an all-time high of $793, followed by consolidation around the $700 level as traders took profits.
Analysts suggest that BNB's price might fluctuate between $610.33 and $665 in December 2024.
Overall, BNB is currently consolidating above key support levels, with potential for bullish momentum if it breaks above immediate resistance zones.
