BNB price predictions indicate a potential increase of 6-8% to a target range of $1,160-$1,180 if the significant resistance at $1,145 is overcome. However, bearish signals from the MACD suggest that caution is warranted for November 2025.
Analysts observe that breaking through the $1,145 resistance level could set the stage for a technical breakout, allowing BNB to reach the target zone. The anticipated 6-8% upside reflects a positive outlook, contingent upon market conditions and trading volumes.
Despite this potential for growth, the bearish MACD signals are a crucial consideration. These signals indicate possible downward momentum, which could complicate predictions for BNB’s price movements in the near term. Investors are advised to monitor these indicators closely.
Technical analysis remains essential in assessing BNB’s performance as November approaches. Understanding both the opportunities and risks will be vital for traders looking to navigate potential volatility in the cryptocurrency market.
