The Binance Coin (BNB) price is showing signs of a bullish trend according to CoinMarketCap, as it closed the week with a slight increase. Here’s a closer look at potential price movements in the coming days and weeks: 📈
**Near-Term Outlook:**
* On the hourly chart, BNB is poised to break above the local resistance level of $650.62. A breakout could lead to a test of the $655 area.
* A daily candle close above $651.51 might indicate further upward movement, potentially reaching the $660-$670 range next week.
**Mid-Term Outlook:**
* While the overall picture is bullish for BNB in the coming weeks, its price remains far from key support and resistance levels. This suggests that short-term price fluctuations are unlikely at this time.
**Current Price:**
* Binance Coin currently trades around $650.50.