GrayScale Crypto Weekly shot provided the market value assessments of ten encrypted currencies from non -stablecoin over the past week. Toncoin (TON) led the package with a growth of 34 %, while Chainlink (LINK) followed at a price of 9.5 % and the price of Binance (BNB) concluded the top of 3 with an increase in the 9 % market value.
The trading professionals adopt a positive position regarding BNB because it showed a 9 % increase with a positive thinking in the market value of BNB.
By 9 % BNB thanks to the high market value during the past week, it has placed itself among the leaders in the short -term growth.
With the existence of the market value to suit 9 % BNB investors, they offer strong resistance against the upcoming challenges. Although BNB showed positive results during weekly performance, it is still struggling with a 10.1 % decrease in the market throughout the year.
Unconfirmed price movements of the main assets since the beginning of this year causes merchants’ concern, so they are considering achieving profits or reducing risks by selling.
The changes in the market morale may create during the time frame losses that would cut the growth of BNB prices as it also leads to its reduction.
The high prices of the current BNB refers to future development capabilities, but the continuous market problems require traders to address all situations accordingly.
BNB target price
The BNB Coin price maintained a $ 637 site, as it continued to form the ups off the upward bullish triangle. BNB has a value of $ 640 as an important resistance point after multiple previous challenges.
The targeted area of more than 700 dollars, as the market records a clean, expected break at the current resistance at $ 640. The projection of the graph indicates this possible increase by approximately 10.2 %.
The market interest for BNB is steadily increasing through price departments from 590 to $ 620, which leads to distinctive support.
The fixed upward trend, which starts from $ 540, indicates that closing prices maintain higher sites, thus enhancing the upward strength.
It puts control of BNB buyers to deal with a level of $ 700, as the path faces limited obstacles between current prices and $ 650.
BNB failure to exceed $ 640 may transfer traders to their money about $ 610 while Trendline support maintains its location.
The bullish setting becomes invalid when the price decreases to less than $ 600, which may direct BNB about $ 580. Price movements will set about $ 640 whether or not the bullish style is continuing.
The extension of the volume at the outbreak point would verify the health of the movement, however the rejected point may lead to a decreased decrease before another batch.
Mumikoin size on the BNB series
The BNB series records an increasing volume in Memecoin trading, which results in 11 of 12 coins with the highest Dexscreen’s size that arises from the BNB series to benefit directly from BNB.
The highest trading activity creates additional transactions that need to pay gas fees using BNB and thus increase the demand for BNB as well as estimate the potential price.
The activity improves liquidity levels and thus attracts more users to the Defi ecosystem. During late January, the huge increase in new users and developers led to the rapid expansion of the distinctive symbol to 8K.
Memecoin fluctuations remain a challenge, but the current trend shows clear signs of increasing interest that may lead to the growth of BNB network in the future.
Source: https://www.thecoinrepublic.com/2025/03/24/can-bnb-price-pump-past-700-memecoin-trading-on-bsc-makes-a-comback/