Categories: Technical analysis

BNB Wave Analysis – 22 July 2025

BNB: ⬆️ Buy

– BNB rising inside sharp impulse wave C

– Likely to rise to resistance level 792.00

BNB cryptocurrency continues to rise inside the sharp upward impulse wave C, which previously broke through the 3 strong resistance levels 693.00, 720.00 and 740.00.

The breakout of the resistance level 720.00 coincided with the breakout of the daily up channel from June – which accelerated the active impulse wave C.

Given the strong daily uptrend, BNB cryptocurrency can be expected to rise further to the next resistance level 792.00 (former multi-month high from last December).

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team
Tags: BNB

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