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Is a Return to $600 Feasible for Binance Coin (BNB) by April 20, 2025?

Is a Return to $600 Feasible for Binance Coin (BNB) by April 20, 2025?

Published:
2025-04-17 06:30:00
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As of April 17, 2025, market participants are closely monitoring whether Binance Coin (BNB) can regain its previous all-time high (ATH) of $600. Given the current market dynamics, regulatory developments, and adoption trends, analysts are evaluating key factors such as exchange volume, token utility, and macroeconomic conditions that could influence BNB’s price trajectory. Technical indicators, on-chain metrics, and sentiment analysis are being leveraged to assess the likelihood of this milestone being achieved within the specified timeframe.

Binance Coin 24 Hour Price Chart

Binance Coin bnbSource: Coinpedia

The fifth-largest cryptocurrency went from trading at a low of $577.19 all the way to a high of $585.41. At the time of writing, BNB was trading at $582.87. This comes after a 0.04% drop over the past 24 hours. The last seven days have been fairly good for the asset as it rose by a little over 1%. Despite rising as high as $566.72, the asset couldn’t make it to the $600 mark.

Source: CoinMarketCap

In addition, the cryptocurrency was trading 26% below its all-time high. But its growth throughout the years highlights its capabilities. Since 2017, Binance Coin has surged by more than 605511.64%.

Also Read: Here’s Why Dogecoin’s Rise To $0.50 Might Be Imminent

April 20 Price Prediction

According to data from CoinCodex, Binance Coin will fail to reach $600 yet again. The asset could witness a downfall in the coming days. While the asset maintains its current position leading up to the weekend, April 19 and 20 could bring in major losses for its investors. The firm revealed that BNB will dip to a low of $535 marking an 8.03% drop over the past 24 hours. In addition on Sunday, the asset will record a slight recovery and trade at $576.

Source: CoinCodex

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