BNB Price Prediction: Will the Binance Coin (BNB) Price Surge Continue?

In the last 24 hours, the price of BNB has been surging upward as it broke through $660. Though buyers are attempting to send the price above immediate

BNB price showed a strong bullish surge as it broke above the $660 level and maintained momentum above it. This bullish momentum instilled confidence among buyers to push the price further upward. However, bears may soon emerge to defend any further surges.

At the time of writing, the BNB price is trading at $662, showcasing an increase of 2.1% over the last 24 hours. The BNB/USDT trading pair is targeting $685 but may encounter strong rejection, leading to a retest of the $650-$660 zone.

However, with the Relative Strength Index (RSI) at 66, just below the overbought region, there could be strong buying pressure for BNB. If the price surges above $685, we might see a correction toward $725.

Conversely, if the price drops below $650, we might see a drop toward $624.

Short-term: According to BlockchainReporter, BNB price might continue to surge toward $685. If the price moves above that level, we might see a trade around $725. On the downside, $624 is the range.

Long-term: According to the latest Binance Coin price prediction from Coincodex, the price of Binance Coin is expected to decrease by -5.58%, reaching $615.84 by March 23, 2025. Technical indicators suggest a bearish sentiment, while the Fear & Greed Index indicates a neutral stance at 49. Over the past 30 days, Binance Coin has experienced 16/30 (53%) green days and 5.95% price volatility. Given this forecast, it is currently considered an unfavorable time to buy Binance Coin.