The latest price for one Binance Coin/$BNB is $700.17. It has dropped by -3% in the last 24 hours. 51.47% of the days the price of BNB closed above the opening.

The projected sentiment for the short-term outlook is bullish based on price technical analysis. The first major resistance of the upward trend for BNB is at $720.01, it needs to close above this level to continue moving upward, and the lower support is at $685.15. Thus, if the price drops below $685.15, we may see the price go even lower. On the other hand, if it can close above the $720.01 level, it could rise to the next resistance level at $760.25.

The 14-day Relative Strength Index (RSI) currently stands at 46.09, indicating neutral market conditions without oversold or overbought conditions. Similarly, the Relative Strength Index (RSI) on the weekly chart is at 48.64, which also indicates neutral market conditions.

On the daily chart, the exponential moving averages show a bullish signal. The price of Binance Coin is currently above all 10, 20, 50, 100, and 200-day EMAs.#BNB_Market_Update