The current price of Binance Coin (BNB) on November 20, 2024, is around $617.52. The price is expected to move to $615.97, a change of -0.25%, by the end of the day. However, it's essential to BNB Price on November 20, 2024
The current price of Binance Coin (BNB) on November 20, 2024, is around $610.95.
BNB Price Movement
The rate of Binance Coin (BNB) has dropped by 1% over the last day.
On the hourly chart, the price of BNB is coming back to the local support of $605.84.
If nothing changes by the end of the day, traders may witness a test of the $605 mark by tomorrow.
Midterm and Long-term Outlook
From the midterm point of view, none of the sides has seized the initiative so far.
In this case, there are low chances to see any sharp moves soon.
All in all, the consolidation around the $600 area is the more likely scenario by the end of the month.
If the price breaks out of the vital zone of $600, the correction is likely to continue to the $580-$590 range.
