Binance Coin Price Prediction: Bulls Eye $700 as MACD Turns Positive and Momentum Builds

Binance Coin (BNB) price prediction has entered a critical phase as recent technical indicators suggest the potential for a bullish continuation.

With the MACD crossing into positive territory and price action hovering near key resistance levels, traders are closely monitoring the next move.

The market is currently in a consolidation range, but subtle shifts in momentum hint that a larger trend may be forming. Current support and volume data further reinforce this observation as BNB holds ground near its mid-range levels.

Range-Bound Price Action Shows Key Support Holding

The 1-hour BNB/USDT price prediction chart reflects a range-bound structure, where price has oscillated between tightly defined support and resistance levels. Recent price behavior shows BNB rebounding from the $648.84–$651 demand zone, a level that has been tested and defended multiple times. This area continues to attract buyer interest, reflecting short-term confidence as bulls attempt to regain control.

BNB/USDT

Source: X

Minor resistance around $655.49 remains the next key level to watch. The price has struggled to break above this area, which forms part of a broader resistance zone stretching toward $660. The chart analysis from X suggests that if BNB reclaims this intermediary level with momentum, it could push toward higher resistance, potentially initiating a breakout above $660. However, selling pressure around this zone has proved consistent, marking it as a technical barrier.

Analyst Trader Rai noted on X that BNB’s behavior near the $651.32 level could determine short-term direction. A breakdown below this mark may trigger a sharper correction. He raised the concern that the current price structure might be a “bullish trap,” pointing to potential downside risk if support fails. Thus, price stability above $651 is considered critical by market watchers.

Binance Coin Price Prediction: Daily and Weekly Indicators Build Bullish Momentum

Additionally, the 24-hour chart offers a clearer picture of BNB’s attempts to recover. After a brief intraday spike to $655, the price retraced to $652 before climbing back above $650, where it continues to consolidate.

Volume data from Brave New Coin reports over $714 million in trading activity, suggesting steady engagement without extreme volatility. Market capitalization stands at $94.95 billion, keeping BNB among the top five digital assets by valuation.

Binance Coin

Source: Brave New Coin

Zooming in on the technical insights shared by analyst Andrew Griffiths on X highlights the token’s resilience. He pointed out that BNB is “maintaining a robust support zone,” with the 100-day EMA acting as a cushion. This technical alignment underlines the potential for a continuation of the uptrend if buyer pressure remains consistent.

Binance Coin

Source: X

On the weekly timeframe, data from X shows BNB trading near $650.48, positioned just below the upper Bollinger Band at $691.94. The narrowing of recent candlesticks and wicks on both ends indicates indecision, yet the trend remains moderately bullish.

The mid-Bollinger Band, currently at $621.47, has served as a consistent pivot level over the past weeks. Price action has respected this support zone, and with the Bollinger Bands beginning to widen, traders are watching for a potential volatility shift.

MACD Supports Upward Continuation Toward $700

On the other hand, the Moving Average Convergence Divergence (MACD) on the weekly chart presents one of the strongest signals supporting a bullish narrative. The MACD line remains above the signal line, and the histogram has shown steady growth, currently reading 4.28. This positive divergence has been building since late April 2025, and although the pace of momentum has been gradual, the trend direction is upward.

Binance Coin

Source: TradingView

Analysts view this development as a key technical confirmation. If momentum sustains and price closes above the upper Bollinger Band, BNB could revisit the $700–$750 resistance zone. Still, caution remains necessary, as any failure to stay above the $651–$655 support area could trigger renewed selling pressure and bring the lower Bollinger Band at $550.99 into play.

As it stands, Binance Coin Price Prediction is in a critical phase. Supported by solid market data from Brave New Coin and chart visuals on TradingView, the combination of firm support, rising MACD momentum, and consistent volume suggests BNB is gradually building a base. Whether this foundation leads to a breakout above $700 will depend on how the market reacts in the days ahead, especially around the highlighted decision zones.

Source: https://bravenewcoin.com/insights/binance-coin-price-prediction-bulls-eye-700-as-macd-turns-positive-and-momentum-builds