bullish

Solana

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  <h3 class="wp-block-heading the-subtitle" id="story-highlights">Story Highlights</h3>  
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   <li>The BNB price successfully retests its crucial support and jumps 8% in valuation.</li>  
   <li>Technical indicators record increased bullish sentiment, hinting at a higher price target.</li>  
   <li>The Binance price is 8.62% away from its ATH of $720.61.</li> 
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  <p>The Binance token has experienced a significant uptrend in the daily price chart. Moreover, with a surge of 13.76% in its daily trading volume, this altcoin continues to near its gap with Solana (SOL) which currently holds the 4th position.</p>  
  <p>Amid increased price volatility in the crypto space, will BNB coin price hold its bullish ground and achieve its target price of $800 this year? In this article, we have covered the short-term market sentiment of the 05th largest cryptocurrency by market capitalization.</p>  
  <h2 class="wp-block-heading" id="h-bnb-price-successfully-retests-its-important-support-zone">BNB Price Successfully Retests Its Important Support Zone!</h2>  
  <p>The Binance price has added 6.45% to its portfolio in 24 hours, with a trading volume of $2.766 billion. With this, the altcoin has maintained its value above its crucial support zone of around $600 in the 1D time frame.</p>  
  <figure class="wp-block-image size-large"><img src="https://image.coinpedia.org/wp-content/uploads/2024/11/28184113/Binance-Price-Analysis-28th-November-2024-1024x544.webp" alt="BNB Price Successfully Retests Its Important Support Zone!" class="wp-image-386671">
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    TradingView: BNB/USDT
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  <p>The EMA 50-day has constantly supported the BNB price chart in the daily time frame. Moreover, with its 200-day trendline recording a bullish rise, the Binance token may continue gaining value this week.</p>  
  <p>Further, the Relative Strength Index (RSI) has successfully retested its neutral point, with its average trendline experiencing a bullish crossover in the daily time frame. This underscores a bullish stance for the altcoin.</p>  
  <h2 class="wp-block-heading" id="h-will-bnb-price-hit-800-this-year">Will BNB Price Hit $800 This Year?</h2>  
  <p>If the market favors the bulls, the Binance price will retest its all-time high of $720.60 during the upcoming time. Maintaining the price above that level could set the stage for it to head toward its upper price target of $800.</p>  
  <p>On the contrary, if a trend reversal occurs, the BNB coin price will retest its important support zone below the $635 mark. Further, if the bears dominate the cryptocurrency market, this could result in this altcoin plunging toward its lower support of $550 this year.</p>  
  <p>Curious to find out if BNB price will hit $1000 in 2024? Read CoinPedia’s <a href="https://coinpedia.org/price-prediction/bnb-binance-coin-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Binance Price Prediction</a> and also subscribe to us to stay updated on the latest cryptocurrency news first!</p>  
  <h2 class="wp-block-heading" id="h-faqs">FAQs</h2>  
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   <div class="schema-faq-section" id="faq-question-1732799303244"><strong class="schema-faq-question"><strong>What is the price of 1 Binance?</strong></strong>
    <p class="schema-faq-answer">With an intraday surge of ~5%, the BNB coin is currently valued at $658.61.</p>
   </div>
   <div class="schema-faq-section" id="faq-question-1732799303892"><strong class="schema-faq-question"><strong>How high will BNB go?</strong></strong>
    <p class="schema-faq-answer">If the bullish sentiment sustains, the Binance coin price could surpass the $2,000 mark by 2030.</p>
   </div>
   <div class="schema-faq-section" id="faq-question-1732799304462"><strong class="schema-faq-question"><strong>Is Binance still a good investment?</strong></strong>
    <p class="schema-faq-answer">With a YTD return of over 108%, this altcoin is back in the radar of the top crypto investors.</p>
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Binance Price Analysis: BNB Price Eyes A New ATH With 10% Rally?

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