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The BNB value plunged 3% up to now 24 hours to commerce at $1,033 as of 1:02 a.m. EST after hitting an all-time excessive (ATH) of $1,079 yesterday.
Nonetheless, Binance founder Changpeng Zhao, aka CZ, stated on X that “Possibly we haven’t hit actual bull market but” after BNB climbed greater than 10% through the weekend.
or perhaps we’ve not hit actual bull market but? 😆
— CZ 🔶 BNB (@cz_binance) September 21, 2025
Analyst Rain on X stated that BNB might nonetheless soar to greater highs, pushed by unstoppable demand.
BNB is displaying actual power.
Regular climb, greater highs, unstoppable demand. $BNB ripped from $500 to $1K+ in simply months. September marked a historic month for BNB, hitting new all time highs.
Trying forward, I’m nonetheless bullish.
New ATHs are on the horizon.… pic.twitter.com/dbXiiQAdyj
— Rain (@raintures) September 21, 2025
In the meantime, the Binance ecosystem’s market capitalization climbed 1% within the final 24 hours to succeed in $8 billion, with buying and selling quantity additionally surging to $8 billion amid a meme coin frenzy on the BNB Chain.
After CZ’s GiggleAcademy obtained 90% of donations from a meme coin, CZ stated, “This can ceaselessly change my notion of meme cash. Meme cash have utility!”
BNB Value Breaks Into Fifth Wave Rally As Bulls Eye Resistance
The BNB value has been on a exceptional bullish run all through the previous few months, with the chart now clearly forming an Elliott Wave sample that implies it’s within the fifth and ultimate impulse wave.
After consolidating by way of the primary half of the yr, the Binance Coin broke above its main shifting averages and has surged into a robust uptrend. The Fibonacci retracement ranges present key help zones, with the 0.5 stage round $861 and the 0.618 stage at $809 serving as essential ranges in case of a pullback.
At the moment, the value of BNB hovers round $1,033 after reaching an area excessive close to $1,079, displaying indicators of cooling off whereas nonetheless in bullish territory.
The dramatic surge has persistently positioned the value of the Binance Coin above each the 50-day and 200-day Easy Shifting Averages (SMAs).
Binance Coin Indicators Sign Overheating: Can Bulls Maintain The Push?
The Relative Power Index (RSI) is displaying an overbought sign at 74.55, suggesting that BNB is closely stretched to the upside and susceptible to a short-term correction.
Equally, the Shifting Common Convergence Divergence (MACD) stays in bullish territory, with the blue MACD line above the sign line, confirming momentum continues to be with the bulls.
BNB faces speedy resistance round $1,079, the place the fifth wave seems to be topping out. A failure to interrupt decisively above this stage might set off a corrective part, with attainable retracements towards $977 (Fib 0.236) or $913 (Fib 0.382).
The Chaikin Cash Circulation (CMF) stays constructive at 0.09, displaying that capital inflows are nonetheless supporting the development.
If this bullish momentum extends, the Binance Coin value could push past $1,100 earlier than encountering stronger promoting strain.
In keeping with information from CFGI, the BNB Worry and Greed Index is at the moment at 81, displaying ”excessive greed.”
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