Bulls are more powerful than bears at the end of the week, according to CoinStats.CoinStats">
BNBUSD
The rate of Binance Coin (BNB) has gone up by 2.82% over the past day.TradingView">
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.TradingView">
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.TradingView">
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.
Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.
Binance Coin (BNB) Price Prediction for May 9 – TradingView
