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BNB and SOL Price Prediction for October 29

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Tue, 29/10/2024 - 14:54
BNB and SOL Price Prediction for October 29
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Bulls remain more powerful than bears, according to CoinMarketCap.

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Top coins by CoinMarketCap

BNB/USD

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

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Image by TradingView

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

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If the bar gets close to it and fixes above, the accumulated energy might be enough for a blast to the $640-$650 range soon.

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%.

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Image by TradingView

From the technical point of view, the rate of SOL is looking less bullish than BNB. If today's bar closes far from its peak, sellers may get back in the game, which may lead to a correction to the $170 range.

SOL is trading at $178.45 at press time.

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