BNB October Forecast Sets $745 Close Target as $750 Marks Resistance

An October projection puts Binance Coin (BNB) near a $745 month-end close, while $750 is a resistance level rather than a competing October closing target.

BNB was near $736.18 on Oct. 21, and the projected October close was around $745. The projection spans $700 to $770. A close below $700 would invalidate the projection and could bring the $688 200-day moving average into view. A previous BNB October target report put the estimate at $740.

BNB rebounded from $705 before $750 became the next resistance level on Oct. 20. The $750 level is resistance, with no October closing deadline.

The 20-day exponential moving average was $742.25, above the Oct. 21 price, and the 50-day average was $732.68, below it. The 14-day relative strength index rose to 46.92 from 41.17, remaining below the midpoint of 50.