The post Binance Coin Price Prediction: Bulls Eye $700 as MACD Turns Positive and Momentum Builds appeared on BitcoinEthereumNews.com.

Binance Coin (BNB) price prediction has entered a critical phase as recent technical indicators suggest the potential for a bullish continuation. With the MACD crossing into positive territory and price action hovering near key resistance levels, traders are closely monitoring the next move. The market is currently in a consolidation range, but subtle shifts in momentum hint that a larger trend may be forming. Current support and volume data further reinforce this observation as BNB holds ground near its mid-range levels. Range-Bound Price Action Shows Key Support Holding The 1-hour BNB/USDT price prediction chart reflects a range-bound structure, where price has oscillated between tightly defined support and resistance levels. Recent price behavior shows BNB rebounding from the $648.84–$651 demand zone, a level that has been tested and defended multiple times. This area continues to attract buyer interest, reflecting short-term confidence as bulls attempt to regain control. Source: X Minor resistance around $655.49 remains the next key level to watch. The price has struggled to break above this area, which forms part of a broader resistance zone stretching toward $660. The chart analysis from X suggests that if BNB reclaims this intermediary level with momentum, it could push toward higher resistance, potentially initiating a breakout above $660. However, selling pressure around this zone has proved consistent, marking it as a technical barrier. Analyst Trader Rai noted on X that BNB’s behavior near the $651.32 level could determine short-term direction. A breakdown below this mark may trigger a sharper correction. He raised the concern that the current price structure might be a “bullish trap,” pointing to potential downside risk if support fails. Thus, price stability above $651 is considered critical by market watchers. Binance Coin Price Prediction: Daily and Weekly Indicators Build Bullish Momentum Additionally, the 24-hour chart offers a clearer picture…

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Filed under: News - @ June 14, 2025 9:21 pm