- BNB posts 4.33% daily and 11.49% weekly gains.
- Whale activity raises speculation about broader market moves.
- Resistance at $1,000 remains the crucial breakout point.
- RSI and MACD confirm strong bullish momentum.
BNB continues to ride a positive wave, with price action reflecting steady gains despite the broader bullish market environment. Over the last 24 hours, BNB climbed by 4.33%, while weekly data shows an impressive 11.49% surge.
At the time of writing, the token is trading at $998.31, backed by a 24-hour trading volume of $3.82 billion, marking a 13.34% rise. Its market cap now sits at $138.98 billion, underscoring the asset’s growing influence in the market.
Also Read: 2025 Forecast: Will Binance Coin (BNB) Hit New ATHs or Face Corrections?
BNB’s Technical Structure Signals Bullish Pathway
The technical structure continues to highlight a bullish pathway for BNB. Breaking past the $750 resistance earlier in 2025 confirmed strong demand, and the trend of higher highs and higher lows has since remained intact.
Immediate support rests at the $750–770 range, which has now flipped into a firm base. Secondary levels sit at $650, with deeper support near $490, though such a retracement would only occur under sharp correction pressure.
On the resistance side, the $1,000–1,020 zone is the first hurdle to clear. A sustained close above this level would likely pave the way toward the $1,150–1,200 band. If momentum carries through, the broader target of $1,300 comes into clear focus. Crypto analysts believe that going through $1,000 could encourage higher inflows and increased trader interest, as market psychology plays a crucial role in sustaining momentum.
Indicators Point Toward Further Upside Potential
Technical indicators reinforce the bullish scenario for BNB. The Relative Strength Index is 76.61, displaying clear overbought levels. It indicates strong purchasing pressure, although it can also indicate short-term corrections by the investors to book profits. The moving average of RSI at 66.87 indicates that buyers have retained control over the trend for an extended period.
The MACD tells a similar story. As the MACD line at 49.67 was much higher than the signal line at 41.62, the bullish crossover signals continued to hold the upward drive. Wider green histogram bars and widening gaps also signify picking up momentum.
Alongside BNB’s price action up against $1,000, these indicators make the case for additional upside quite strongly. If BNB achieves weekly closes above the psychological barrier of $1,000, such a move towards the target of $1,300 seems all the more likely.
Also Read: Binance Coin (BNB) Coils in Symmetrical Triangle: Is a $1,059 Breakout Next?
