Cryptocurrency Binance Coin (BNB) witnesses another spree of rapid rise.
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The Binance Coin (BNB) has recently reached a new all-time high of $864, marking a significant milestone in the cryptocurrency market. This surge, which occurred in just 48 hours, has broken key resistance levels and stirred up excitement among investors.
The optimistic outlook for BNB extends beyond this recent success, with many analysts predicting that it is realistic for the coin to reach $1,000 based on current market conditions and technical analysis. This milestone is anticipated to be achieved around 2025.
Several forecasts predict BNB hitting or exceeding $1,000 by the end of 2025. For example, optimistic analysts expect a maximum price ranging from about $1,000 to $1,300, with some very bullish views reaching up to $1,700.
Technical analysis also supports this bullish sentiment. Bullish continuation patterns such as an ascending triangle and Fibonacci projections indicate potential for BNB to break resistance at around $890–$900 and target $1,000 as the next major price milestone.
Current price levels near $830 (August 2025) are supported by strong support zones near $684 to $728. A breakout above $728 is considered a key trigger for continued upward momentum toward $1,000 and beyond.
Growth drivers for BNB include the expansion of the Binance ecosystem (Binance Smart Chain, DeFi, NFTs), ongoing token burns reducing supply, and progress on regulatory licenses and ETFs, which can foster price appreciation.
However, it's important to note that regulatory scrutiny and internal company adjustments might cause short-term volatility. Despite these potential risks, the medium-term bullish outlook remains.
Investors aiming to buy BNB can do so on platforms like Bitget, following the steps: Sign Up, Deposit Funds, Access BNB Market, Place an Order.
It's also crucial to monitor factors such as the Investor Protection Cooperative (IPC), volatility, and regulatory announcements, as they may pose risks to the investment.
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The Relative Strength Index (RSI) of the BNB is currently above 70, indicating a possible short-term correction. A slight correction allowing the RSI to cool down could offer an interesting entry point before the next bullish phase.
Despite this, the Moving Average Convergence Divergence (MACD) remains clearly bullish, with the MACD line well above the signal line, and green histogram bars indicating a strong positive trend.
This performance is part of a strong corporate demand for major altcoins, with Ethereum and BNB approaching new all-time highs, just like Bitcoin. A massive investment of $2 billion, entirely in stablecoins, made by MGX in the Binance Coin company, further underscores this trend.
Progressive Entrees suggest buying on dips between $730-$850. Analysts remain cautiously optimistic. In bullish scenarios, the BNB could reach $950 to $1,000 within a month, provided it stays above $850 and breaks the resistance at $861.
However, a failure to maintain above $850 could lead to a correction of 13% towards $730. As always, it's important to conduct thorough research and consider your risk tolerance before making any investment decisions.
[1] Source: Cointelegraph [2] Source: TradingView [3] Source: CoinMarketCap [4] Source: Investopedia [5] Source: Forbes
At the crypto academy, investigating the world of finance, technology, and investing, one cannot overlook the potential of Binance Coin (BNB). Analysts are optimistic, predicting it can reach $1,000 by 2025, with some bullish views even stretching up to $1,700. Moreover, buying BNB for investing can be done on platforms like Bitget, and it's essential to stay informed about factors such as the Investor Protection Cooperative (IPC), volatility, and regulatory announcements, as they may influence the BNB's future price performance.