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Cryptocurrency News Articles

BNB Price Analysis: Neutral Signal, With Oscillators and Moving Averages Indicating a Strong Buy Signal in the Short Term

May 16, 2025 at 06:19 am

(BNB) is currently trading at $653.37 with a 0.15% increase in the last 24 hours.

BNB Price Analysis: Neutral Signal, With Oscillators and Moving Averages Indicating a Strong Buy Signal in the Short Term

# BNB price today: 0.15%

(BNB) is currently trading at $653.37 with a 0.15% increase in the last 24 hours.

Key Metrics:

- Current Price: $653.37

- Market Cap: $92.05 billion

- 24-hour Trading Volume: $1.86 billion

- Circulating Supply: 140.88 million BNB

- Total Supply: 140.88 million BNB

- Max Supply: Not specified, but the total supply is capped at 200 million

Price Movement:

- 24-hour Range: $643.46 - $660.28

- 7-day Range: $623.86 - $689.36

- All-Time High: $793.35 (December 4, 2024)

- All-Time Low: $0.09611 (August 1, 2017)

Technical Indicators:

The current technical analysis shows a neutral signal, with oscillators and moving averages indicating a strong buy signal in the short term. However, some traders predict a potential short setup due to temporary exhaustion after a strong bullish breakout ¹.

Trading Signals:

- Support Level: $643.46 (24-hour range low)

- Resistance Level: $660.28 (24-hour range high)

- Potential Short Setup: $610-$616 (high-interest supply zone)

Trading Ideas:

Some traders predict a potential breakout above the $600 level, while others expect a pullback to the first support zone near the 0.382 Fibonacci level. It's essential to monitor the market and adjust your strategy accordingly ¹.

Where to Buy:

You can buy Coin (BNB) on popular exchanges like:

- Binance: Offers BNB/USDT trading pair

- Coinbase: Offers BNB/USD trading pair

- Huobi: Offers BNB/USD trading pair

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jun 22, 2025