Binance Coin Price Prediction: Technical Indicators Suggest BNB Targeting $950

After forming a consistent series of higher lows over the past year, the price is pressing against a long-standing resistance zone. Technical indicators across multiple timeframes show strengthening bullish momentum. A confirmed breakout may unlock a path toward the $950–$1,000 range.

The weekly chart for BNB/USDT shows a well-defined ascending triangle structure. This formation has been building for over 18 months, with price respecting an upward-sloping trendline while repeatedly testing horizontal resistance between $600 and $650.

The repeated rejection from this zone has not disrupted the bullish structure, as each retracement has formed a higher low.

Source: X

The projected move based on the triangle’s height places the breakout target between $950 and $1,000. This projection is based on classical pattern analysis, with the vertical height of the triangle applied to the breakout point.

According to @best_analysts, this configuration on the 1W chart provides high confluence for position traders targeting multi-month gains. As of now, price is once again testing the upper boundary, and a weekly close above $650 would confirm the pattern’s breakout phase.

Additionally, BraveNewCoin’s 24-hour chart analysis highlights intraday strength and steady price action. BNB traded between $686 and $696 during the session, ultimately closing at $694.61. The ability to hold above short-term support at $686 while posting higher intraday lows indicates the continuation of bullish structure. This resilience around key price levels reflects consistent accumulation pressure.

Source: BraveNewCoin

Trading volume surged to $1.72 billion, marking a clear increase in participation. The bulk of this volume arrived in the second half of the trading day as bulls stepped in to reclaim dips. BNB’s market capitalization remains steady above $101 billion, with the circulating supply at 145.88 million.

If price continues to hold above $692, the next major resistance zone lies between $700 and $732. A breakout beyond this range would align with the larger bullish projection from the weekly pattern.

On the other hand, the daily chart on TradingView reflects a bullish breakout above the upper Bollinger Band, with BNB trading near $694.69. The Bollinger Bands have widened, indicating rising volatility and a potential continuation of the upward trend.

The breakout from the band’s upper boundary at $689.50 is supported by consecutive bullish candle formations, pointing to strong upward momentum.

Source: TradingView

Momentum indicators reinforce the price action. The MACD line is currently at 9.30, above the signal line at 4.79, while the histogram prints green at 4.52 — all signs of strengthening bullish momentum. These indicators suggest that BNB is entering a new phase of upward movement.

If buyers maintain control and price closes above $700 with volume support, the next leg toward $732 and potentially $950 becomes more probable. Failure to hold above $685 would shift focus back to the ascending trendline for support confirmation.