The post BNB Price on Breakout Rally, Will Bulls Drive Price to New ATH Again? appeared first on Coinpedia Fintech News
The upcoming Binance Blockchain Week 2025 in Dubai is generating enormous buzz throughout the crypto landscape. This premier event is set to attract crypto enthusiasts, innovators, and key industry leaders from all over the globe. With an aim to shape the next era of digital finance and blockchain advancement.
That’s not all, BNB coin has more drivers to its name. Kazakhstan’s state-backed Alem Crypto Fund has moved into BNB. Moreover, Binance’s launch of a new Crypto-as-a-Service product enhances BNB’s ecosystem utility. Technically speaking, the breakout above key resistance levels is reinforcing the bullish mood. I’m sure that all this has caught your attention, just as mine. Join me as I decode the BNB price targets for the coming time.
BNB Price Analysis
Binance Coin continues its positive trajectory, riding on a wave of market enthusiasm and targeted adoption. As of the latest data, the BNB price is at $1,023.16, reflecting a 1.41% gain in the past 24 hours and a 3.83% weekly climb. The coin’s total market cap now stands at $142.33 billion, with daily volumes surging 19% to $3.2 billion. The price action shows strength, as the Binance coin price has moved from the lows of $1001.29 to the peak of $1035.73. That being said, the all-time high of $1080.48 is only about 5% away.
From a technical standpoint, the RSI remains between 63 and 65, avoiding overbought territory. Meanwhile, the MACD at -2.46 shows that bearish momentum is weakening. This is, despite the MACD-SignalLine crossover still warranting caution for aggressive traders. If bulls manage to push prices above $1,080, additional momentum could drive BNB toward $1,145. That being said, a break below $960, however, would threaten the bullish setup and call for reassessment.
FAQs
BNB’s price rise is powered by strong institutional activity, the debut of new Binance services, and technical breakouts above key support levels.
Key support stands at $1,023.94 and $990.76, while resistance is seen at $1,080.48 and $1,145. A drop below $960 could weaken the current bullish outlook.
The event is sparking fresh interest in the BNB ecosystem by connecting global industry leaders and innovators, and highlighting advances in blockchain finance.
