BNB price prediction

[kevin1]

BNB (BNB) is attempting to find support at the 50-day SMA ($629), indicating a lack of aggressive selling at lower levels.

BNB/USDT daily chart. Source: Cointelegraph/TradingView

If the price closes above the 20-day EMA ($648), the bulls will again strive to push the BNB/USDT pair to the $687 resistance. Sellers are expected to aggressively defend the level, as a close above it may push the BNB price to $730 and, after that, to $790. That indicates the pair may have bottomed out in the short term.

Instead, if the price turns down and breaks below the 50-day SMA, it suggests the pair may remain within the $570 to $687 range for some time.

[ed]

Bulls will strive to push... after that to $790... bro wrote fanfiction about BNB