CandleFocus Binance Coin (BNB) Price Prediction for February 14
2025-02-14
Author: Content Editor
The crypto market is generally doing well today, except for Binance Coin (BNB) which has fallen by 5.52%. On the hourly chart, BNB is approaching a local support level of $660 and if it doesn't improve by the end of the day, a breakout and move towards the $650 zone can be expected. However, on a larger time frame, the market looks more bearish than bullish as the volume remains low and buyers are not taking initiative. A correction to the $625-$650 area is likely in the next few days. In the midterm, the closure of the weekly bar at the $700 area is important, as if it closes far from it, bears may come back and potentially cause a drop to the $600 mark. Currently, BNB is trading at $665.89.
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