BNB Reaches New Record Highs, Will $1,000 Be Reached?

Jakarta, Pintu News – The price of Binance Coin (BNB) has recently recorded significant gains, surpassing Ethereum (ETH) and Bitcoin (BTC). After stabilizing above the $880 level, BNB started an impressive upward trend, breaking resistance after resistance. Now, with a new high of $950, market participants and investors are waiting to see if BNB will reach the psychological level of $1,000 in the near future.

BNB Price Increase: Technical Analysis

After forming a strong base above $880, BNB showed an encouraging performance by breaking through the $892 and $920 levels. The bulls managed to cross the $935 resistance zone, registering a new record high of $950. Currently, the price is consolidating with strong support above the 100-hour simple moving average and above $920.

There is an important bullish trend line forming with support at $925 on the hourly chart of the BNB/USD pair. If the price can break the $935 resistance, the opportunity to test $950 again is very much open. A close above $950 could trigger further gains towards $965 and possibly reach $1,000 in the short term.

Also Read: 5 Shocking Facts about BNB Almost Penetrating Rp15 Million: CZ’s Call to the World Banks!

Price Correction Potential

However, if BNB fails to break the $935 resistance, there is a possibility that the price will decline. Initial support lies near the $920 level, followed by major support at $910, which is the 50% Fib retracement of the upward move from $871 to $950.

Critical support is at $900. In the event of a break below the $900 support, BNB prices could drop towards $888. A further decline could trigger a major correction towards $872. Investors and traders should monitor these levels closely to anticipate further price movements.

Technical Indicators and Support

The hourly MACD indicator for BNB/USD shows acceleration within the bullish zone, signaling continued positive momentum. Meanwhile, the hourly Relative Strength Index (RSI) is above the 50 level, indicating strength on the buyers’ side.

Key support lies at $925 and $910, while key resistance is $935 and $950. Monitoring these indicators will be crucial to determining BNB’s price direction in the coming days.

Conclusion

With strong technical support and growing momentum, BNB shows potential to appeal not only to short-term traders but also to long-term investors. A rise above $950 could be a catalyst to reach the $1,000 level, marking an important milestone for Binance Coin in the cryptocurrency market.

Also Read: 5 Surprising Monero (XMR) Actions After Breaking Rp4.9 Million Despite the Reorg!

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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 Holds Its Uptrend. Accessed on September 16, 2025