Binance Coin: How High Can BNB Trade This Weekend? Binance Coin: What is the potential trading peak for BNB this weekend?
During a period of increased instability in the cryptocurrency market, Binance Coin (BNB) has stood out by performing better than leading cryptocurrencies such as Bitcoin and Ethereum. Breaking important resistance levels and rising above $600, BNB has attracted a lot of interest with an increase of over 11% in just one day. Fans are keeping a close eye on price charts, predicting the possibility of more increases over the weekend. BNB’s strong recent performance pushed it past the tough $580 resistance level to reach a high of $633 before leveling off. This increase in price has boosted confidence among traders and investors, who expect to see further gains in the coming days. In preparation for March 2024, cryptocurrency professionals provide predictions on possible price changes by analyzing past data and market patterns. Estimates indicate that the average BNB rate for the month will be around $680.99, showing that the bullish trend seen in recent weeks is expected to continue. However, it is important to exercise caution due to the unpredictable nature of the cryptocurrency market, despite positive predictions. Changelly predicts a small decrease of 1-2% in short-term prices in the upcoming week, while others have differing views on this matter. According to the source, this adjustment could result in BNB trading at a peak of $618.05 before leveling off.