Binance Coin (BNB) Price Prediction for January 2
2025-01-02
Category: None

Most of the coins have returned to the green zone today, according to CoinStats.CoinStats">
BNBUSD
The rate of Binance Coin (BNB) has almost not changed since yesterday.TradingView">
On the hourly chart, the price of BNB is falling after setting a local resistance at $715.80. If sellers' pressure continues, the decline may continue to the $700 zone by tomorrow.TradingView">
On the bigger time frame, the rate of the native exchange coin is in the middle of the narrow channel, between the support of $682.68 and the resistance of $732.11.
As neither buyers nor sellers are dominating, any sharp moves are unlikely to happen shortly.TradingView">
From the midterm point of view, it is too early to make any predictions as there are a few days left until the bar closure. However, if buyers want to be back in the game, they need to restore the price to the interim level of $740 and above.
BNB is trading at $707.50 at press time.