Binance Coin (BNB) Price Prediction for April 7: Limited Movement Expected

The cryptocurrency market experienced a downturn this week, according to CoinMarketCap. Binance Coin (BNB) has fallen by 4.27% in the past 24 hours. On hourly charts, BNB’s price briefly breached local resistance at $565.75 before retracing. As most of the day’s ATR has been surpassed, sharp movements are unlikely tomorrow. On longer timeframes, BNB remains relatively stable, hovering near key levels. A sideways trading range between $540 and $580 is likely if the current price persists. In the short-term, traders anticipate limited volatility as neither buyers nor sellers have the decisive momentum.