BNB is currently trading at $775.28, slipping slightly by 0.29% in the past 24 hours. Trading volume, however, tells another story, soaring to $4.09 billion, a 39.86% increase. Over the last seven days, BNB rose 9.24%, peaking near its all-time high. Short-term gains remain strong, but signs of exhaustion are showing.
Technical indicators suggest caution. BNB smashed through resistance at $700, forming a new ATH of $804. Momentum is strong, confirmed by a bullish MACD crossover 27 days ago. But RSI is over 80, deep in overbought territory. This could signal a short-term correction before any further climb.
Bullish Market Sentiment Faces Risk Warnings
Crypto analyst CoinCodeCap warns that BNB is overbought. The coin broke above a falling wedge and the 200-day SMA, but now faces strong resistance around $800. Analysts suggest a pullback is likely. If the rally fades, BNB could retest support at $700 or even dip to $620. The uptrend remains intact, but the coin may cool off before any more fireworks.
The market sentiment is bullish, but not without risk. With the RSI still red-hot and trading volumes spiking, late entries could face steep pullbacks. Short-term traders are eyeing the $700 zone for re-entry. If momentum holds, a dip could offer the next springboard, but timing will be key.
BNB Price Forecasts Show Mixed Signals for 2025
Price forecasts for BNB in 2025 paint two very different pictures. DigitalCoinPrice projects explosive growth, estimating a potential rise to $1,696.82 by year-end. That would nearly double BNB’s current price. The forecast expects BNB to first break past its ATH of $809.31 before surging further. Market experts say the coin could find stability between $1,606.58 and $1,696.82 in the coming months.
On the flip side, Changelly’s technical outlook leans bearish. Their analysis sets the 2025 ceiling at just $625.17. July 2025 projections show a possible average price of $636.05. ROI expectations stand at a disappointing -15.1%. With such split predictions, investors must weigh both opportunity and risk before diving in.
