CandleFocus Binance Coin (BNB) Price Prediction for November 10
2024-11-10
Author: Content Editor
The market for cryptocurrencies, as reflected by CoinMarketCap, continues to reach new highs. The price of Binance Coin (BNB) has increased by 2.68% in the last 24 hours. On the hourly chart, the price of BNB has potentially formed a resistance level at $644.20, making significant movements unlikely for the rest of the day. However, on a larger time frame, there is a possibility of a correction to the $610-$620 range depending on the candle closure and the level formed by a false breakout. On the weekly chart, if the price remains close to current levels and far from the $612.60 level, it could potentially reach a significant value of $700 by the end of the month. At the time of writing, BNB is trading at $634.48.
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