BNB Price Rebounds to $610 on April 25: Will Binance Coin Reach New Highs?

On April 25, 2025, Binance Coin (BNB) surged to $610 after a sharp decline. This recent BNB surge captured the attention of traders. Also, it fuels speculation about its next move. As positive sentiment builds across the crypto market and the Binance ecosystem, analysts suggest that BNB could hit a new high. But to find the next move of BNB, closely monitor the key levels. Here, let’s analyze the last 24 hours’ price movement of Binance coin and know how it’s performing. 

BNB Drops to $593 – April 24, 2025

On April 24, 2025, BNB trading day kicked off with a notable price fluctuation within the trading range. But at 01:20 UTC, BNB found support at $602.13 and experienced an uptrend. At 02:30 UTC, BNB resisted at $606, began to fall, and kept fluctuating. A Death Cross on MACD at 02:45 UTC affirmed this downtrend. At 07:10 UTC, a pin bar, followed by a full-body red candle, signaled a possible downtrend. Likely, BNB resisted at $606 and experienced a sharp fall. At 08:25 UTC, BNB broke the support at $602.13, breached a breakout, and dropped to $593. 

Chart 1 – Analyzed by Buvaneswari_L, published on TradingView, April 25, 2025

Substantially, at 08:45 UTC, BNB encountered an RSI Oversold situation, indicating a potential trend reversal. Likely, at 08:50 UTC, BNB found support at $593 and experienced an uptrend. A Golden Cross on MACD at 09:40 UTC affirmed this uptrend. Conversely, at 16:35 UTC, BNB price movement resisted at $600 and experienced a downtrend. A Death Cross on MACD at 17:00 UTC asserted this downtrend. At 17:50 UTC, BNB found support at $595 and began to move up. A Golden Cross on MACD at 18:50 UTC asserted this uptrend. At 23:30 UTC, BNB broke the resistance at $600, breached a breakout, and closed at $601.88. 

BNB Rebounds to $610 – April 25, 2025

As illustrated in Chart 1, on April 25, 2025, the BNB trading day began with a brief fall, demonstrating a bearish trend. But at 00:15, BNB found support at $600.22 and began to move up. In midday, at 01:15 UTC, a pin bar, followed by a full-body red candle, signaled a possible downtrend. Likely, BNB resisted at $603.92 and experienced a downtime. A Death Cross on MACD at 01:45 UTC affirmed this uptrend. Subsequently, at 02:55 UTC, BNB found support at $598 and began to move up. A Golden Cross on MACD at 03:20 UTC affirmed this uptrend.

Conversely, at 04:45 UTC, BNB broke the resistance at $605, breached a breakout, and experienced an uptrend. At 07:10 UTC, BNB reached the top price of the day at $610. At this point, a pin bar, followed by a full-body red candle, signaled a possible downtime. Likely, BNB resisted at $610, began to fall, and dropped to $606. A Death Cross on MACD at 07:15 UTC affirmed this downtrend. But at 08:00 UTC, BNB found support at $606, began to move up, and kept fluctuating between key levels.

BNB Next Move: Will it Climb a New High?

On April 25, 2025, the BNB price is projected to undergo a notable action, demonstrating a strong bullish momentum. In a possible scenario, if BNB price attempts to break the key resistance level at $610, it could hit a new high. In case BNB fails its attempt, it could fall back, break the key support level at $598, and encounter a sharp decline, suggesting a bearish sentiment. Though it faced a short-term fall, BNB surged, boosting investors’ confidence in BNB investment. To find the next move of Binance coin, keep monitoring the key levels.