How much will BNB rise on the first day of August? AI average forecast is $573.65!

▲ BNB/AI generated image ©

Although BNB followed Bitcoin (BTC) in its rise, artificial intelligence models predicted that its additional increase would only be 0.42% by August 1.

According to crypto media outlet Finbold on July 29 (local time), BNB rose by 1% today ahead of the Federal Reserve's (Fed) decision on interest rates. However, the average target price for August 1, calculated by Finbold's AI Agent, was $573.65, which was only 0.42% higher than the price of $571.24 at the time of writing.

Three artificial intelligence models participated in this forecast; two models predicted a slight increase, while the remaining one anticipated a decline. Claude Sonnet 5 suggested $577.50, 1.1% higher than the base price, and Grok 4.5 forecasted a 1.26% increase to $578.45. DeepSeek Chat, on the other hand, predicted a 1.09% drop to $565.

The difference between the highest and lowest forecasts was slightly over $13, amounting to approximately 2.3% of BNB's price. This indicates that the AI models anticipate short-term sideways movement and limited volatility rather than a significant rise or fall.

The recent rise in BNB was analyzed as a result of following the overall movement of Bitcoin and the broader virtual asset market, rather than major positive developments within its own ecosystem. Consequently, investors' attention is focused on the Fed's monetary policy, which will determine the short-term direction of risk assets. If the Fed issues a hawkish message, digital assets could face pressure, but a dovish stance could extend the current upward trend.

Technically, the 38.2% Fibonacci retracement level at $571.70 is presented as a major resistance. The short-term support level is the 50% retracement level at $565.38. If BNB maintains above $565.38 with a favorable message from the Fed, it could rise to $580, where the upper Bollinger Band is located. Conversely, if it falls below the support level, the likelihood of further correction towards $550 increases.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*