Binance Coin (BNB) Price Prediction For March 30

In the past 24 hours, price BNB tries to reach the immediate resistance line at $ 610. However, the sellers strongly defend the bullish return on the price scheme. In addition, the BNB trading volume decreased by 16.46 % over the past 24 hours, reaching $ 1.21 billion.

Looking at the largest image, the BNB price is increasingly facing the volatile fluctuations since the collapse on February 3. However, BNB is now trying to collect recovery. In the past 24 hours, the market value increased by 0.54 % to 86.17 billion dollars.

BNB faces a decrease in critical scales

The BNB price is currently facing the declining pressure after failing to reach $ 610. Sellers control and try to keep the price less than $ 600 to enhance their position. According to modern data from Coinglass, market fluctuations led to about 554.55 thousand dollars of liquidation during the past 24 hours. It is worth noting that the buyers faced more losses of about 457.5 thousand dollars, while the sellers lost about 97 thousand dollars.

This negative view is clear because the trading department diminishes. The number of active BNB contracts – a measure of market participation – has decreased by 1.42 %, as it decreased to about 785 million dollars. Moreover, the financing rate remains negative by -0.0367 %, indicating that merchants are generally cautious and pessimists.

In addition, more traders expect a decrease in price. The percentage of buyers to the sellers is 0.94, indicating a simple tendency towards a decrease to $ 600. However, if buyers regain power and pay the price up, BNB can challenge the main resistance level of $ 610 soon.

Predicting Prices BNB: Technical Analysis

Currently, Binance Coin (BNB) is struggling with a large resistance level at $ 610 and she was unable to break it over it. When BNB hovers about $ 606, a marginal decrease of about 0.08 % was observed from the previous day. Sellers are keen to maintain the price less than $ 600 to sustain the declining direction.

Despite the high homogeneous expectations, some technical indicators hinted to a possible transformation, as they were emphasized by a rapid recovery dating back more than $ 600, indicating the buyer’s solid interest. However, the RSI index (RSI) is still in a declining area in about 37, indicating that sellers may still control market dynamics.

If buyers are able to gather, BNB is likely to overcome $ 610, which paves the way to try to reach a higher resistance level at $ 644. On the contrary, if the declining pressure continues and the BNB drops from the support of the EMA20, it risks a review of the decisive support level of $ 600.

The final decrease to less than this level may lead to a sharp decrease, with BNB drop to lower support at $ 563, and thus reflects any recent gains.

Prediction BNB Price: What do you expect after that?

short term: According to Blockchainreportter, the BNB price may aim to increase the resistance level of $ 610. If the price exceeds this level, we may see a trade of about $ 644. On the negative side, $ 563 is the range.

Long term: According to the current prices of Coincodex, the BNB price is expected to increase by 94.41 %, which may reach $ 1,180.66 by April 28, 2025. The technical indicators of Conncodex currently indicate declining feelings, with the Fear & Greed index that indicates the 26 level (fear). Over the past thirty days, the Binance Coin has recorded a green (47 %) days with expertise fluctuations around 4.20 %. Based on these ideas, Coincodex suggests that they are not currently a suitable time to buy Binance.

Investment risk for BNB

Investing in BNB prices can be risky due to market fluctuations. Investors must:

• Conducting technical analysis and chain.
• Evaluation of their financial situation and tolerance with risks.
• Consult with financial advisors if necessary.