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Binance Coin (BNB) Price Prediction for January 2

source-logo  u.today 02 January 2025 16:13, UTC

Most of the coins have returned to the green zone today, according to CoinStats.

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BNB/USD

The rate of Binance Coin (BNB) has almost not changed since yesterday.

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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.

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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.

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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.

u.today