BNB price nears $1,000, can it go any higher?

Jakarta, Pintu News – The price of Binance Coin (BNB) is currently showing a significant increase, successfully breaking through the $980 zone and now has the potential to exceed $1,000 in the near future. With strong momentum, the opportunity to reach new record highs is wide open.

BNB Price Increase

The BNB price has formed a solid base above the $900 level and started an impressive new rise, surpassing Ethereum (ETH) and Bitcoin (BTC). The rise stabilized past the $940 and $950 levels. The bulls managed to break through the $980 resistance zone. A new high was recorded at $995 and now the price is consolidating.

After reaching a new high, there was a small drop and the price tested the 23.6% Fibonacci retracement level of the rise that occurred from the low of $948 to the high of $995. BNB price is now trading above $980 and above the 100-hour simple moving average. Additionally, there is a key bullish trend line with support at $960 on the hourly chart of the BNB/USD pair.

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Potential Resistance and Support

On the upside, BNB prices may face resistance near the $995 level. The next resistance is near $1,000. If the price manages to cross the $1,000 zone, it could push the price even higher. In that scenario, the BNB price could try to break $1,050.

A close above the $1,050 resistance could open up opportunities for further upside towards the $1,120 resistance. However, if BNB fails to break the $995 resistance, the price could drop again.

Initial support is near the $980 level. The next major support is near $970 or the 50% Fibonacci retracement level of the rise that occurred from $948 to $995. Key support is at $960. In case of a break below the $960 support, the price could drop towards the $940 support.

Technical Indicators

The hourly MACD indicator for BNB/USD shows increasing momentum in the bullish zone. Meanwhile, the hourly Relative Strength Index (RSI) for BNB/USD is currently above the 50 level, indicating that there is still strength in the bull market. The key support levels are at $970 and $960, while the key resistance levels are $995 and $1,000.

Conclusion

With strong technical support and positive market momentum, BNB prices have the potential to reach and even surpass the $1,000 target. Investors and traders should keep an eye on key indicators to capture opportunities that may arise from this price movement.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. BNB Price Rally Nears $1000. Accessed on September 19, 2025