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The post <a href="https://coinpedia.org/price-analysis/bnb-price-prediction-binance-preps-400-breakout-eyes-440-next-week/" rel="noopener noreferrer nofollow">BNB Price Prediction: Binance Preps $400 Breakout, Eyes $440 Next Week</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
Despite the Bitcoin price witnessing a lethargic movement above the $50,000 mark, the altcoins are taking a quick recovery sprint. With the BNB price skyrocketing with a high momentum post-retest reversal, Binance enters the list of top performers today.&nbsp;
With a $56 Billion market cap, Binance is finding its lost charm despite being at a discount of 45% from the all-time high of $690.93. Hence, with the ongoing reversal, the chances of a new all-time high are significantly improving.&nbsp;
So, Will the BNB Price Cross $700? Check out our <a href="https://coinpedia.org/price-prediction/bnb-binance-coin-price-prediction/" rel="noopener noreferrer nofollow">Binance price prediction</a> and find out how high the BNB price will go in 2024.&nbsp;
<h2 class="wp-block-heading" id="h-binance-eyes-400-breakout">Binance Eyes $400 Breakout</h2>
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="483" src="https://image.coinpedia.org/wp-content/uploads/2024/02/22120113/image-161-1024x483.png" alt="" class="wp-image-271926" srcset="https://image.coinpedia.org/wp-content/uploads/2024/02/22120113/image-161-1024x483.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/02/22120113/image-161-300x142.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/02/22120113/image-161-768x362.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/02/22120113/image-161-1536x725.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/02/22120113/image-161-150x71.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/02/22120113/image-161.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
Source- <a href="https://www.tradingview.com/x/dk3ukFDL/" rel="noopener noreferrer nofollow">Tradingview</a>
With the rising momentum and the successful retest of the $350 breakout, the BNB price displays a sharp V-shaped reversal. Further, the Binance price showcases a rounding bottom reversal with the neckline at $350.
Hence, the successful retest marks a prominent breakout run, and the rise in trading volume supports the continuation of the uptrend. With the 7% jump overnight, the bullish engulfing candle comes as a strong entry candle with a high possibility of a $400 breakout.
Currently, the BNB price trades at $379.8 with an intraday Doji candle in the making, representing a short pause before the trend continuation. Making the new 52-week high, the sentiments are extremely bullish for Binance in the crypto industry.&nbsp;
DMI Indicator: With bullish stride, the sharp increase in the ADX line represents a huge spike in trend momentum.&nbsp;
<h2 class="wp-block-heading" id="h-will-bnb-price-cross-700">Will BNB Price Cross $700?</h2>
With a 30% jump in the last&nbsp; 30 days, the BNB price showcases a prevailing bullish trend that is continuing and ready for a longer run. Further, the $350 retest jumps heads to challenge the $400 barrier with increased breakout chances. Hence, the possibility of a bull run to the $700 mark for a new all-time high for Binance is increasing day by day.
On a shorter timeframe, the $440 will come as the initial resistance level above $400.

BNB Price Prediction: Binance Preps $400 Breakout, Eyes $440 Next Week

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