BNB Holds Steady at $670 Amid Maxwell Testnet Launch—Traders Yawn, Devs Cheer

Binance Coin locks in sideways action as BSC’s latest upgrade hits testnet—because nothing gets crypto degens excited like beta environments.

Price action flatlines while engineers pop champagne. The Maxwell hardfork promises scalability boosts (yawn) and ’revolutionary throughput’ (heard that before). Meanwhile, traders keep one eye on leverage and the other on exit strategies.

Another day, another testnet. Wake us when mainnet launches—or when someone actually moves markets with real volume.

All moving averages, ranging from the 10-day to the 200-day, are displaying buy signals. Most oscillators, including the Stochastic RSI, remain in neutral territory, showing no clear signs of either exhaustion or breakout energy.

In short, although BNB is gaining momentum, it might need a catalyst such as positive testnet feedback or the strength of the larger cryptocurrency market, to break clear of the $690 resistance level. If that level is breached, BNB could push toward $700 and beyond. On the downside, support is likely around $650, where buying interest has recently stepped in.