
{"id":90247,"date":"2025-08-21T14:50:32","date_gmt":"2025-08-21T14:50:32","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=90247"},"modified":"2025-08-21T14:50:32","modified_gmt":"2025-08-21T14:50:32","slug":"bnb-rally-far-from-over-new-aths-on-the-horizon","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=90247","title":{"rendered":"BNB Rally Far From Over: New ATHs on the Horizon"},"content":{"rendered":"<p>TL;DR<\/p>\n<p><span>BNB reached $880 before settling near $860, with $2.36B in daily trading activity recorded.<\/span><br \/>\n<span>Analyst Cas Abb\u00e9 confirms $800 breakout retest, setting short-term expansion targets at $900 and $1,000.<\/span><br \/>\n<span>Market sentiment remains mixed, with some traders calling for $1,200 if momentum sustains above $800.<\/span><\/p>\n<h2>BNB Hits Record Price<\/h2>\n<p><span>Binance Coin (BNB) set a new record on Wednesday, trading above $880 for the first time. The token later settled near $860, showing a 3% daily gain and a 1% increase over the past week. Daily trading volume reached more than $2.36 billion, reflecting strong market activity.<\/span><\/p>\n<p><span>The rise came as Windtree Therapeutics (WINT) confirmed its removal from the Nasdaq Capital Market. In a <\/span><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/946486\/000143774925027421\/wint20250820_8k.htm\" target=\"_blank\" rel=\"noopener\"><span>filing<\/span><\/a><span> with the Securities and Exchange Commission, the company said trading of its shares would be suspended starting Thursday after failing to keep its price above $1 for 30 consecutive business days.<\/span><\/p>\n<p><span>Meanwhile, Windtree said it will shift trading to the over-the-counter (OTC) markets while keeping its ticker symbol, WINT. The company has applied for inclusion on the OTC Integrated Disclosure tier, though approval is not guaranteed.<\/span><\/p>\n<p><span>The stock fell 76% following the delisting news. Windtree said its business operations remain unchanged, but the move to OTC trading will reduce liquidity and transparency compared with Nasdaq. The company\u2019s strategy is closely watched after it adopted a BNB-based treasury plan, with an <\/span><a href=\"https:\/\/cryptopotato.com\/nasdaq-listed-windtree-seeks-520m-for-bnb-reserve-accumulation\/\"><span>agreement<\/span><\/a><span> to raise up to $520 million, almost all of which would be directed toward acquiring the token.<\/span><\/p>\n<h2>Chart Structure Points to More Gains<\/h2>\n<p><span>Analyst Cas Abb\u00e9 noted that the recent push above $800 confirmed a breakout, not a peak. The level has since been retested successfully as support, establishing a strong base for the rally.<\/span><\/p>\n<p>On July 29, I told you <a href=\"https:\/\/twitter.com\/search?q=%24BNB&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$BNB<\/a> wasn\u2019t topping, it was just breaking out.<\/p>\n<p>Today: New ATH at $880<\/p>\n<p>Chart update<\/p>\n<p>$800 retest confirmed as support<\/p>\n<p>Higher lows building a clean rising channel<\/p>\n<p>Breakout volume still healthy, not euphoric<\/p>\n<p>Expansion targets now sit at $900 \u2192\u2026 <a href=\"https:\/\/t.co\/EBDakYfbrW\" target=\"_blank\" rel=\"noopener\">https:\/\/t.co\/EBDakYfbrW<\/a> <a href=\"https:\/\/t.co\/r4QsvAcPzj\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/r4QsvAcPzj<\/a><\/p>\n<p>\u2014 Cas Abb\u00e9 (@cas_abbe) <a href=\"https:\/\/twitter.com\/cas_abbe\/status\/1958386554885251375?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">August 21, 2025<\/a><\/p>\n\n<p><span>Interestingly, the chart shows BNB forming higher lows inside a rising channel. Trading volume during the breakout has been steady, suggesting that demand is supporting the move without signs of overexcitement. Abb\u00e9 set the next expansion targets at $900 and $1,000, calling the move \u201cexpansion mode, not distribution.\u201d<\/span><\/p>\n<h2>Sentiment and Near-Term Focus<\/h2>\n<p><span>Market sentiment has been split. Data from Market Prophit <\/span><a href=\"https:\/\/x.com\/MarketProphit\/status\/1958412510874546239\" target=\"_blank\" rel=\"noopener\"><span>shows<\/span><\/a><span> both crowd and model readings leaning bearish. On the other hand, analyst CryptoBull_360 <\/span><a href=\"https:\/\/x.com\/CryptoBull_360\/status\/1958326227137368566\" target=\"_blank\" rel=\"noopener\"><span>said<\/span><\/a><span> BNB is preparing for a breakout from horizontal resistance on the 4-hour chart, with possible targets of $1,000 to $1,200.<\/span><\/p>\n<p><span>For now, the $800 support zone remains key. If it continues to hold, traders see room for further gains as momentum builds.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bnb-rally-far-from-over-new-aths-on-the-horizon\/\">BNB Rally Far From Over: New ATHs on the Horizon<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>TL;DR BNB reached $880 before settling near $860, with $2.36B in daily trading activity recorded. Analyst Cas Abb\u00e9 confirms $800 breakout retest, setting short-term expansion targets at $900 and $1,000. Market sentiment remains mixed, with some traders calling for $1,200 if momentum sustains above $800. BNB Hits Record Price Binance Coin (BNB) set a new [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":90248,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-90247","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/90247"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=90247"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/90247\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/90248"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=90247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=90247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=90247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}