BNB Price Stable at $546, Bullish Pattern Suggests Potential Rise

On March 11, 2025, the price of Binance Coin (BNB) remained stable, trading at approximately $546. The hourly chart indicated that the price was far from both support and resistance levels, suggesting a period of stability. However, the weekly chart revealed a bullish engulfing pattern, which is typically a strong indicator of upward momentum. This pattern suggests that BNB could potentially revisit its all-time high of $787, signaling a continuation of the bullish trend after nearly two weeks of correction and sideways movement.

The price of BNB has almost touched the interim support level of $500. However, if a breakout occurs, the drop may continue to the $450 range within the next few days. From a midterm perspective, it is too early to make any distant predictions. But if the weekly bar closes far from its low, bulls may locally seize the initiative. In this regard, traders may expect a test of the $550-$600 zone.

Looking ahead, the price prediction for BNB on March 12, 2025, is $535.58, with a gradual decline of 0.04% each day until April 10, 2025, when it is expected to reach $529.94. This steady decline is projected to continue, with the price dropping to $534.80 by March 16, 2025, and further to $531.89 by the end of March 2025. The price is expected to stabilize around $534.80 by the end of March 2025, with a potential for further decline in the following months.

The price prediction for BNB in 2025 indicates a range between $478.48 and $549.17, with an average trading price of $515.24. The price is expected to stabilize around $478.48 by the end of 2025, with a potential for further decline in the following years. The price prediction for BNB in 2026 indicates a range between $407.59 and $478.28, with an average trading price of $442.42