Saturday, July 5, 2025
Daily Crypto Post
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
Daily Crypto Post
No Result
View All Result

BNB Price Prediction for the Week: Key Signals Suggest $720 or $590 Swing Possible

Munene Timothy by Munene Timothy
May 19, 2025
in Binance Feed, Market, News, Price Analysis
Reading Time: 4 mins read
BNB Price Prediction for the Week Key Signals Suggest $720 or $590 Swing Possible
Share on FacebookShare on TwitterShare on RedditShare on Telegram
  • BNB trades between $600–$700 with rising volume, suggesting a consolidation phase with breakout potential.
  • RSI at 53.08 and MACD crossover suggest mild bullish momentum could push BNB toward $680–$720.
  • Exchange netflows remain mixed; sustained inflows may lead to downside while outflows could support a price climb.

On May 19, BNB was trading at $638.88 on April 19, a 1.09% drop in the past 24 hours. Weekly losses are at 4.75%, while the monthly gain is at 8.21%. BNB’s market cap fell by 1.06% to $90.03 billion. However, its 24-hour volume rose by 23.50% to $1.69 billion, indicating increased activity despite mild price weakness. 

Volume Trends and Consolidation Pattern

The weekly candlestick shows a slight decline with the price opening at $651.54 and closing at $640.19 last week. During the week, the asset reached a high of $653.53 and a low of $633.51, ending with a 1.74% dip. 

Related articles

Pumpdotfun’s Market Share Slips Under 60% While Bonk Fun Gains Momentum

Pumpdotfun’s Market Share Slips Under 60% While Bonk Fun Gains Momentum

July 5, 2025
Gold Must Drop First Before Altcoins Can Rally, Says Analyst

Gold Must Drop First Before Altcoins Can Rally, Says Analyst

July 5, 2025

Volume totaled to 104.82K BNB, indicating slow activity and possible indecision among traders. This pattern aligns with a recent post by “Crypto King” on X, who described BNB’s 1D pattern as a consolidation phase with potential for a breakout. 

According to him, one strong move could change the current narrative. BNB has remained within a $600–$700 range following a breakout earlier in 2024. 

$BNB / USDT ( UPDATE )

BNB 1D chart shows some massive consolidation happening. Pattern clearly replicates more volume inflow and tbh, one god candle to 800$ changes the narrative.

Breakout imminent 🎯 pic.twitter.com/anWW1C3Pip

— Crypto King👑💎.eth.sol (@cryptosanthoshK) May 19, 2025

That breakout followed a lengthy consolidation throughout 2023 after the sharp correction in 2022. Since then, price action has been largely sideways, with buyers and sellers testing both ends of this band.

Technical Indicators Show Mild Bullish Momentum

RSI is at 53.08, trading just above the neutral level of 50. The yellow signal line is at 48.99, hinting at a possible crossover. While the movement is slow, it is slightly bullish, which aligns with current short term momentum. 

BNB/USDT 1-week price chart, Source: TradingView

The MACD line at 1.53, is positioned above the signal line at 1.04, though still below the zero line. The histogram is slightly positive, suggesting bulls may be gaining momentum gradually.

If these conditions persist, buyers could challenge resistance near the $680–$700 zone. However, failure to sustain momentum could see the price test lower support levels near $610.

Exchange Netflows 

From April to July, BNB saw over $300 million in net inflows, coinciding with a strong price climb above $600. On the other hand, net outflows from December to February aligned with steady gains from below $400 to over $600. 

BNB Spot Inflow/Outflow chart, Source: Coinglass

This movement pointed to possible investor accumulation during that phase. Currently, netflow data shows mild inflows with some irregular outflows. These flows show increased trading activity but lack substantial pressure in either direction. 

If net outflows increase again, the reduced exchange supply could support upward movement. However, persistent inflows above $100 million weekly might lead to increased selling and potential downside.

If bullish momentum builds, BNB may climb toward the $680 to $720 range. However, sustained sell pressure could drag it down to $590–$620.

Tags: BNB (BNB) NewsPrice Analysis

Related Posts

Pumpdotfun’s Market Share Slips Under 60% While Bonk Fun Gains Momentum

Pumpdotfun’s Market Share Slips Under 60% While Bonk Fun Gains Momentum

by Veronicah Peninah
July 5, 2025

Pumpdotfun’s market share fell below 60% for the first time amid stagnant PUMPSWAP prices. Bonk Fun gains ~25% market share,...

Gold Must Drop First Before Altcoins Can Rally, Says Analyst

Gold Must Drop First Before Altcoins Can Rally, Says Analyst

by Munene Timothy
July 5, 2025

Gold faces resistance at $3,364.68 and $3,399.25; failure to break may lead to bearish pressure and altcoin momentum. A 96.6%...

XRP Eyes Breakout as Macro Retest Looms Analysts Expect Explosive Growth

XRP Eyes Breakout as Macro Retest Looms: Analysts Expect Explosive Growth

by Jonathan Carls
July 5, 2025

XRP charts hint at a bullish breakout, but a macro retest near $1 may precede it. Ripple's Wormhole deal expands...

Bitcoin Nears $108K as Polymarket Predicts 75% Probability of $120K by Year-End

Bitcoin Nears $108K as Polymarket Predicts 75% Probability of $120K by Year-End

by Veronicah Peninah
July 4, 2025

Bitcoin traders on Polymarket assign a 75% chance of surpassing $120K by 2025, with cautious bets on higher targets. Bitcoin’s...

Bitcoin Briefly Crosses $110K as ETF Inflows Spike; Small-Caps and Altcoins Show Mixed Moves

Bitcoin Briefly Crosses $110K as ETF Inflows Spike; Small-Caps and Altcoins Show Mixed Moves

by Veronicah Peninah
July 4, 2025

Bitcoin hit $110K, then pulled back — ETF inflows remain strong. $192M in liquidations as traders manage rising risk. Altcoins...

Load More

Recent News

  • Pumpdotfun’s Market Share Slips Under 60% While Bonk Fun Gains Momentum
  • Gold Must Drop First Before Altcoins Can Rally, Says Analyst
  • XRP Eyes Breakout as Macro Retest Looms: Analysts Expect Explosive Growth
  • Bitcoin Nears $108K as Polymarket Predicts 75% Probability of $120K by Year-End
  • Bitcoin Briefly Crosses $110K as ETF Inflows Spike; Small-Caps and Altcoins Show Mixed Moves

Popular News

  • JasmyCoin Sets Bold $17 Price Target by 2026 as User Adoption Surges

    JasmyCoin Sets Bold $17 Price Target by 2026 as User Adoption Surges

    227 shares
    Share 91 Tweet 57
  • Will SHIB’s Utility Tokens Fuel Its Rise Over TON?

    204 shares
    Share 82 Tweet 51
  • Solana: SOL Has Just Reclaimed $7 Billion in DeFi TVL

    231 shares
    Share 92 Tweet 58
  • Over $33M in Token Unlocks Set to Impact Crypto Markets Amid Escalating Global Tensions

    199 shares
    Share 80 Tweet 50
  • Aptos and Filecoin Lead the Next Layer 1 Push — Will They Sustain the Rally?

    195 shares
    Share 78 Tweet 49

Live Crypto News | Bitcoin and Altcoins News & Insights.

Recent News

Pumpdotfun’s Market Share Slips Under 60% While Bonk Fun Gains Momentum
Pumpdotfun’s Market Share Slips Under 60% While Bonk Fun Gains Momentum
July 5, 2025
Gold Must Drop First Before Altcoins Can Rally, Says Analyst
Gold Must Drop First Before Altcoins Can Rally, Says Analyst
July 5, 2025
XRP Eyes Breakout as Macro Retest Looms Analysts Expect Explosive Growth
XRP Eyes Breakout as Macro Retest Looms: Analysts Expect Explosive Growth
July 5, 2025

© Daily Crypto Post. Live Crypto News | Bitcoin and Altcoins News & Insights. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact