{"id":75624,"date":"2025-06-24T05:08:31","date_gmt":"2025-06-24T05:08:31","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=75624"},"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:\/\/mycryptomania.com\/?p=75624","title":{"rendered":"BNB Price Gathers Strength \u2014 Upside Potential Looms"},"content":{"rendered":"

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

BNB price is attempting to recover from the $600 support zone.
\nThe price is now trading below $632 and the 100-hourly simple moving average.
\nThere 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).
\nThe pair must stay above the $632 level to start another increase in the near term.<\/p>\n

BNB Price Eyes More Gains<\/h2>\n

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 Ethereum<\/a> and Bitcoin<\/a>.<\/p>\n

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

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

<\/a><\/p>\n

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

Another Decline?<\/h2>\n

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

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

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for BNB\/USD is gaining pace in the bullish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for BNB\/USD is currently above the 50 level.<\/p>\n

Major Support Levels \u2013 $632 and $625.<\/p>\n

Major Resistance Levels \u2013 $644 and $650.<\/p>","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":0,"featured_media":75625,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-75624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/75624"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=75624"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/75624\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/75625"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=75624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=75624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=75624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}