Where is BNB going ? $BNB is currently priced at $919. After a strong start to the day reaching near $940, the price has stabilized. BNB continues to benefit from its deflationary "auto-burn" mechanism and its central role in the Binance ecosystem. It is currently trading comfortably above its 50-day EMA, signaling sustained medium-term strength.
Key Levels:
Support: Strong support is located at $900. As long as it holds this level, the bullish structure remains intact.
Resistance: The next major resistance is at $960. A successful breakout here could lead to a test of the elusive $1,000 milestone.
Outlook: Expect volatility to increase around Binance Launchpad events, which typically drive demand for the coin.
$XRP is currently trading at $2.10, following a surge that saw it gain nearly 5% earlier in the week. The price is currently undergoing a minor intraday correction after hitting resistance at the $2.16 level. Despite this slight dip, the broader sentiment remains bullish as XRP maintains its position above the critical $2.00 psychological support.
Key Levels:
Support: $2.00 is the primary support; a drop below this could see a retest of $1.85.
Resistance: The immediate target is $2.25. Breaking this would clear the path for a move toward the multi-year high of $3.65 established late last year.
Outlook: High liquidity and ongoing adoption for cross-border payments continue to act as strong fundamental pillars for the current price action.