BNB and SOL Price Prediction for October 29

As a seasoned crypto investor with battle-scarred fingers from countless market fluctuations, I can’t help but feel the exhilaration coursing through my veins as I see the bulls continuing their reign, with BNB and SOL both showing promising gains according to CoinMarketCap.


Bulls remain more powerful than bears, according to CoinMarketCap.

BNB and SOL Price Prediction for October 29

BNB/USD

The rate of Binance Coin (BNB) has increased by 1.34% over the last day.

BNB and SOL Price Prediction for October 29

On the daily chart, one should pay attention to the resistance level of $616. 

If the bar approaches and surpasses that level, there could be sufficient accumulated energy for a potential price surge towards the $640-$650 region in the near future.

Binance Coin (BNB) is trading at $605.20 at press time.

SOL/USD

The price of Solana (SOL) has followed BNB, going up by 1.38%.

BNB and SOL Price Prediction for October 29

Technical analysis suggests that the momentum of SOL (Solana) might not be as strong as BNB (Binance Coin), indicating a potentially less bullish trend. If today’s price action strays significantly from its high, it could signal the return of sellers, potentially causing a correction towards the $170 range.

SOL is trading at $178.45 at press time.

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2024-10-29 18:10