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{"id":684501,"date":"2025-01-28T05:08:53","date_gmt":"2025-01-28T05:08:53","guid":{"rendered":"https:\/\/wncen.com\/?p=684501"},"modified":"2025-01-28T04:03:47","modified_gmt":"2025-01-28T04:03:47","slug":"bnb-price-bounces-back-700","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/bnb\/bnb-price-bounces-back-700\/","title":{"rendered":"BNB Price Bounces Back Strongly: Is The Rally Sustainable?"},"content":{"rendered":"

BNB price is recovering losses from the $635 support zone. The price is rising and might aim for a fresh move toward the $700 resistance.<\/em><\/p>\n

\n
BNB price is struggling to clear the $685 resistance zone.<\/li>\n
The price is now trading above $675 and the 100-hourly simple moving average.<\/li>\n
There was a break above a key bearish trend line with resistance at $674 on the hourly chart of the BNB\/USD pair (data source from Binance).<\/li>\n
The pair must stay above the $668 level to start another increase in the near term.<\/li>\n<\/ul>\n
BNB Price Eyes Comeback<\/h2>\n
After a decent increase, BNB price struggled to settle above the $700 level. It started a pullback from the $691 high, like Ethereum<\/a> and Bitcoin<\/a>.<\/p>\n
There was drop below the $685 support zone. The price even dived below the $650 level. A low was formed at $637 and the price recently started a strong rebound. There was a move above the $650 level. The price climbed above the 50% Fib retracement level of the downward move from the $691 swing high to the $637 low.<\/p>\n
There was a break above a key bearish trend line with resistance at $674 on the hourly chart of the BNB\/USD pair. The price is now trading above $675 and the 100-hourly simple moving average. It is also above the 76.4% Fib retracement level of the downward move from the $691 swing high to the $637 low.<\/p>\n
If there is a fresh increase, the price could face resistance near the $685 level. The next resistance sits near the $692 level. A clear move above the $692 zone could send the price higher.<\/p>\n
$\"BNB$ <\/a>
Source: BNBUSD on TradingView.com<\/a><\/figcaption><\/figure>\n
In the stated case, BNB price could test $700. A close above the $700 resistance might set the pace for a larger move toward the $720 resistance. Any more gains might call for a test of the $732 level in the near term.<\/p>\n
Another Decline?<\/h2>\n
If BNB fails to clear the $685 resistance, it could start another decline. Initial support on the downside is near the $675 level. The next major support is near the $668 level.<\/p>\n
The main support sits at $655. If there is a downside break below the $655 support, the price could drop toward the $635 support. Any more losses could initiate a larger decline toward the $620 level.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 The MACD for BNB\/USD is gaining pace in the bullish zone.<\/p>\n
Hourly RSI (Relative Strength Index) \u2013 The RSI for BNB\/USD is currently above the 50 level.<\/p>\n
Major Support Levels \u2013 $675 and $668.<\/p>\n
Major Resistance Levels \u2013 $685 and $692.<\/p>\n","protected":false},"excerpt":{"rendered":"
BNB price is recovering losses from the $635 support zone. The price is rising and might aim for a fresh move toward the $700 resistance. BNB price is struggling to clear the $685 resistance zone. The price is now trading above $675 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $674 on the hourly chart of the BNB\/USD pair (data source from Binance). The pair must stay above the $668 level to start another increase in the near term. BNB Price Eyes Comeback After a decent increase, BNB price struggled to settle above the $700 level. It started a pullback from the $691 high, like Ethereum and Bitcoin. There was drop below the $685 support zone. The price even dived below the $650 level. A low was formed at $637 and the price recently started a strong rebound. There was a move above the $650 level. The price climbed above the 50% Fib retracement level of the downward move from the $691 swing high to the $637 low. There was a break above a key bearish trend line with resistance at $674 on the hourly chart of the BNB\/USD pair. The price is now trading above $675 and the 100-hourly simple moving average. It is also above the 76.4% Fib retracement level of the downward move from the $691 swing high to the $637 low. If there is a fresh increase, the price could face resistance near the $685 level. The next resistance sits near the $692 level. A clear move above the $692 zone could send the price higher. In the stated case, BNB price could test $700. A close above the $700 resistance might set the pace for a larger move toward the $720 resistance. Any more gains might call for a test of the $732 level in the near term. Another Decline? If BNB fails to clear the $685 resistance, it could start another decline. Initial support on the downside is near the $675 level. The next major support is near the $668 level. The main support sits at $655. If there is a downside break below the $655 support, the price could drop toward the $635 support. Any more losses could initiate a larger decline toward the $620 level. Technical Indicators Hourly MACD \u2013 The MACD for BNB\/USD is gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for BNB\/USD is currently above the 50 level. Major Support Levels \u2013 $675 and $668. Major Resistance Levels \u2013 $685 and $692.<\/p>\n","protected":false},"author":67,"featured_media":684503,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83365],"tags":[13291,86483,79546,79524,79611],"class_list":["post-684501","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bnb","tag-binance-coin","tag-bnb-price","tag-bnbbtc","tag-bnbusd","tag-bnbusdt"],"acf":[],"yoast_head":"\nBNB Price Bounces Back Strongly: Is The Rally Sustainable?<\/title>\n<meta name=\"description\" content=\"BNB price is recovering losses from the $635 support zone. 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His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/wncen.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"BNB Price Bounces Back Strongly: Is The Rally Sustainable?","url":"http:\/\/wncen.com\/analysis\/bnb\/bnb-price-bounces-back-700\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/analysis\/bnb\/bnb-price-bounces-back-700\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/BNB-Price-Bounces-Back-Strongly.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/BNB-Price-Bounces-Back-Strongly.jpg?fit=1792%2C1024"},"articleSection":"BNB","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["binance coin","bnb price","bnbbtc","bnbusd","bnbusdt"],"dateCreated":"2025-01-28T05:08:53Z","datePublished":"2025-01-28T05:08:53Z","dateModified":"2025-01-28T05:08:53Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"BNB Price Bounces Back Strongly: Is The Rally Sustainable?\",\"url\":\"http:\\\/\\\/wncen.com\\\/analysis\\\/bnb\\\/bnb-price-bounces-back-700\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/analysis\\\/bnb\\\/bnb-price-bounces-back-700\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/BNB-Price-Bounces-Back-Strongly.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/BNB-Price-Bounces-Back-Strongly.jpg?fit=1792%2C1024\"},\"articleSection\":\"BNB\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"binance coin\",\"bnb price\",\"bnbbtc\",\"bnbusd\",\"bnbusdt\"],\"dateCreated\":\"2025-01-28T05:08:53Z\",\"datePublished\":\"2025-01-28T05:08:53Z\",\"dateModified\":\"2025-01-28T05:08:53Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/BNB-Price-Bounces-Back-Strongly.jpg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/684501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=684501"}],"version-history":[{"count":1,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/684501\/revisions"}],"predecessor-version":[{"id":684505,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/684501\/revisions\/684505"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/684503"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=684501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=684501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=684501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}