BNB Price Prediction As Analyst Forecasts $1,000 Target

Quick Summary:

BNB price has been largely lethargic and in a consolidation phase during the recent market rally.

Furthermore, multiple failed attempts at breaking out of the $660-$670 have resulted in a double top formation on the daily chart.

However, some analysts believe the coin is primed for a breakout that could send it to $1,000.

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Article Details

Category: Crypto

Markets: India

Topics: Binance Coin price BNB price BNB coin price analysis BNB Price forecast Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 15:35:53 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 546 words

Reading Time: 4 minutes read

Sentences: 51 lines

Sentence Length: 11 words per sentence (average)

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Copyright Owner: © CoinGape

News ID: 23923529

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Main Topics: Crypto

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