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The soccer price for the Lion and Player is soft. I hate each of my arcu lorem, ultricy kids, or ullamcorper football.
Amidst the market performance, BNB is trying to regain the $650 level. Some analysts believe a breakout to the $700 barrier could occur next, which could lead to a bigger move to new highs.
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BNB breakout to retest $700
On Friday, BNB fell to $640 support as it didn’t hold the middle of the local price range zone. Cryptocurrency is trading in the price range of $630-$690 after regaining its $600 barrier last month.
During the breakout in May, BNB approached a significant $700 resistance level, reaching a four-month high of 697. This important level was lost during the pullback in early 2025, pushing the Altcoin price towards its all-time high (ATH) of $788 after it broke in late 2024.
Currently, cryptocurrency is seeking to recover the region as a support to continue price recovery. The Analyst Carl Runefelt from The Moon Show noted that BNB displays a month’s descent triangle pattern in the daily time frame, with prices compressing between support and resistance levels.
According to the charts, formation support is at a level of $635 and the downhill resistance is centered around the $650 area. To Runefelt, a bullish breakout from this pattern could drive 10% tokens towards $700 resistance.
In particular, by collecting and verifying this critical area as support, you can also send the BNB price to another important horizontal level.
Analyst Crypto Batman recently highlighted that BNB has “strongly held” near the uptrend line after continuing to bounce from its support zone of $635 to $640.
For market watchers, “Even with market uncertainty, the BNB structure is clean after respecting trendlines and bounces back key support. We are currently focusing on breakouts that exceed $700.
Is there a move towards $800?
Crypto Batman also said that cryptocurrencies may follow the same price action as last year. He asserted that Altcoin’s prices “love the key zone testing before the lift-off,” adding that it displays the same base form as in the third quarter of 2024.
Last year, the token formed a three-month base centered around the $460-$470 area, leading to a “explosive” run over the coming months. This year, BNB formed a similar base near the $550 level, “showing strength again.”
For analysts, “Permanence benefits us when the pattern repeats.” Furthermore, he pointed out that despite the early April retrace, BNB is holding the macro range and trading multi-time-tested support beyond the low range.
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Cryptocurrency is currently consolidated near the medium zone and could drive prices to retest the height of macro ranges around the $729 mark. He explained, “If we see a breakout that surpasses the $729 resistance, it could pave the way for a 50% rise.”
Analysts confirmed that the BNB structure remains bullish as long as the cryptocurrency holds the $490-$500 level, adding that the $600 mark is also strong support.
At the time of writing, BNB is trading at $641, a 2.9% decrease in weekly time slots.
Unsplash.com featured images, tradingView.com charts
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