{"id":27370,"date":"2025-06-24T05:08:31","date_gmt":"2025-06-24T05:08:31","guid":{"rendered":"https:\/\/cryptd.in\/bnb-price-gathers-strength-upside-potential-looms\/"},"modified":"2025-06-24T05:08:31","modified_gmt":"2025-06-24T05:08:31","slug":"bnb-price-gathers-strength-upside-potential-looms","status":"publish","type":"post","link":"https:\/\/cryptd.in\/it\/bnb-price-gathers-strength-upside-potential-looms\/","title":{"rendered":"BNB Price Gathers Strength \u2014 Upside Potential Looms"},"content":{"rendered":"<p><em>BNB price is gaining pace above the $632 support zone. The price is now showing positive signs and might aim for more gains in the near term.<\/em><\/p>\n<ul>\n<li>BNB price is attempting to recover from the $600 support zone.<\/li>\n<li>The price is now trading below $632 and the 100-hourly simple moving average.<\/li>\n<li>There was a break above a bearish trend line with resistance at $625 on the hourly chart of the BNB\/USD pair (data source from Binance).<\/li>\n<li>The pair must stay above the $632 level to start another increase in the near term.<\/li>\n<\/ul>\n<h2>BNB Price Eyes More Gains<\/h2>\n<p>After forming a base above the $600 level, BNB price started a fresh increase. There was a move above the $620 and $625 resistance levels, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-rebounds-2350\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-turns-higher-105k\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a>.<\/p>\n<p>There was a decent move above the 50% Fib retracement level of the recent decline from the $651 swing high to the $602 low. Besides, there was a break above a bearish trend line with resistance at $625 on the hourly chart of the BNB\/USD pair.<\/p>\n<p>The price is now trading below $632 and the 100-hourly simple moving average. It is also consolidating near the 76.4% Fib retracement level of the recent decline from the $651 swing high to the $602 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/Binance-Coin-BNB.png\"><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-776762\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/Binance-Coin-BNB.png?resize=1024%2C479\" alt=\"BNB Price\" width=\"1024\" height=\"479\" loading=\"lazy\" \/><\/a><\/p>\n<p>On the upside, the price could face resistance near the $644 level. The next resistance sits near the $650 level. A clear move above the $650 zone could send the price higher. In the stated case, BNB price could test $665. A close above the $665 resistance might set the pace for a larger move toward the $680 resistance. Any more gains might call for a test of the $700 level in the near term.<\/p>\n<h2>Another Decline?<\/h2>\n<p>If BNB fails to clear the $644 resistance, it could start another decline. Initial support on the downside is near the $635 level. The next major support is near the $632 level.<\/p>\n<p>The main support sits at $625. If there is a downside break below the $625 support, the price could drop toward the $612 support. Any more losses could initiate a larger decline toward the $600 level.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for BNB\/USD is gaining pace in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BNB\/USD is currently above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $632 and $625.<\/p>\n<p>Major Resistance Levels \u2013 $644 and $650.<\/p>","protected":false},"excerpt":{"rendered":"<p>BNB price is gaining pace above the $632 support zone. The price is now showing positive signs and might aim for more gains in the near term. BNB price is attempting to recover from the $600 support zone. The price is now trading below $632 and the 100-hourly simple moving average. There was a break [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":27372,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-27370","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BNB Price Gathers Strength \u2014 Upside Potential Looms - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/it\/bnb-price-gathers-strength-upside-potential-looms\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BNB Price Gathers Strength \u2014 Upside Potential Looms - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"BNB price is gaining pace above the $632 support zone. The price is now showing positive signs and might aim for more gains in the near term. BNB price is attempting to recover from the $600 support zone. The price is now trading below $632 and the 100-hourly simple moving average. 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