# Binance Coin (BNB) Trades 2.8% Below $740 October Target

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/34280
Published: 2026-10-18T07:35:47.000Z
Updated: 2026-10-18T07:35:47.000Z
Section: Investing

> The $740 close target sat within a projected range of $700 to $770.

Binance Coin (BNB) traded at $719.55 at 12:39 a.m. ET (04:39 UTC) Sunday, Oct. 18; the $740 October close target was 2.84% above that snapshot. The target sat within a projected range of $700 to $770, while BNB’s snapshot price remained inside its 24-hour range of $710.01 to $722.23.

BNB was down 0.26% over the 24 hours. At the Oct. 16 reference price of $733.23, a $740 close would have represented a 0.92% gain. Against the later $719.55 snapshot, the same target was 2.84% higher, while the $700 lower bound was 2.72% below the price.

On Oct. 16, BNB’s 50-day exponential moving average (EMA) was $734.16, its 20-day EMA was $752.41, and its 14-day relative strength index (RSI) was 43.50. At the later snapshot, BNB was below both averages and above the $700 lower bound.

The $740 level also appeared in [earlier BNB coverage near that price](<https://www.tokenpost.com/news/investing/28785>).



## Links in this article

- [earlier BNB coverage near that price](https://www.tokenpost.com/news/investing/28785)
