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Binance Coin (BNB) Price Prediction for May 9

source-logo  u.today 09 May 2025 18:41, UTC

Bulls are more powerful than bears at the end of the week, according to CoinStats.

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BNB/USD

The rate of Binance Coin (BNB) has gone up by 2.82% over the past day.

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On the hourly chart, the price of BNB is falling after setting a local resistance of $643.94. As sellers' pressure continues, there is a chance to see a test of the support by tomorrow.

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On the bigger time frame, one should focus on the daily candle's closure in terms of the $643.72 level.

If it happens far from it, bears may seize the initiative, which may lead to a correction to $619.90.

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From the midterm point of view, the situation remains bullish. If the weekly bar closes around current prices, one can expect a level breakout, followed by a test of the $660-$680 zone.

BNB is trading at $634.07 at press time.

u.today