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**Binance Coin (BNB) Price Prediction for December 24**
As the year comes to a close, it’s essential for investors and traders alike to stay informed about market trends and potential developments. In this article, we will examine the current state of Binance Coin (BNB) and provide insights into its future prospects.
Currently, BNB is trading at $686.39, with some accumulation taking place around the $680 zone. This accumulation might be enough for a test of the $700 zone soon. On the daily time frame, it’s crucial to pay attention to the nearest vital zone of $700. If the rate gets back to it and fixes above, there is a possibility of seeing ongoing growth up to the $720 range until the end of the week.
However, from a midterm perspective, it’s too early to make any long-term predictions as only a few days remain until the bar’s closure. Nevertheless, if the candle closes around current prices, one may expect sideways trading in the zone of $640-$740.
In conclusion, BNB investors and traders should be cautious about the potential price movements and keep an eye on the market trends. This article aims to provide a concise and informative summary of the market’s current situation and potential future developments.
This article has been written by Denys Serhiichuk, a seasoned trader with over 5 years of experience in technical and fundamental analysis.
Source: u.today
