BNB entered November at $706.11, having closed October well below CoinDCX's $745 forecast, with every short- and medium-term moving average stacked above the spot price. U.Today's Arman Shirinyan i...

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CoinDCX, writing on October 26, 2026, forecast BNB to close October near $745 within a $700–$770 channel. As of 07:09 UTC on November 1, BNB was printing $706.11 on Binance spot — a 24-hour gain of just 0.59% after ranging between $698.79 and $709.05. The October close came in roughly $39 below that projection, which matters because it means BNB begins November already lagging the same firm's updated target of $750 by month-end, within a widened $705–$785 band. That $44 gap between current price and the November target must be closed without any established upward momentum and against a clearly bearish moving average structure.

Every short- and medium-term average derived from Binance spot daily data sits above the current price. The 7-day SMA is $722.95, the 20-day $729.76, the 50-day $748.68, the 12-period EMA $723.82, and the 26-period EMA $733.14. These five averages form a continuous overhead supply wall between roughly $723 and $749. The only average offering structural support from below is the 200-day SMA at $655.60 — that gap between spot and the long-term average remains a positive structural data point, but it provides no near-term relief.

55, sitting in neutral territory while trending toward the oversold threshold without having crossed it.

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