
{"id":97532,"date":"2025-09-18T04:28:37","date_gmt":"2025-09-18T04:28:37","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=97532"},"modified":"2025-09-18T04:28:37","modified_gmt":"2025-09-18T04:28:37","slug":"bnb-price-rally-nears-1000-can-bulls-push-even-higher","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=97532","title":{"rendered":"BNB Price Rally Nears $1,000 \u2013 Can Bulls Push Even Higher?"},"content":{"rendered":"<p><em>BNB price is gaining pace above the $980 zone. The price is now showing positive signs and might aim for a move above the $1,000 handle in the near term.<\/em><\/p>\n<p>BNB price started a fresh increase above the $950 and $975 levels.<br \/>\nThe price is now trading above $980 and the 100-hourly simple moving average.<br \/>\nThere is a key bullish trend line forming with support at $960 on the hourly chart of the BNB\/USD pair (data source from Binance).<br \/>\nThe pair must stay above the $960 level to start another increase in the near term.<\/p>\n<h2>BNB Price Hits New ATH<\/h2>\n<p>BNB price formed a base above the $900 level and started a fresh increase, beating <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-recovery-strong-4680\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-faces-big-test-117k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>. There was a steady move above the $940 and $950 levels.<\/p>\n<p>The bulls even cleared the $980 resistance zone. A new all-time high was formed at $995 and the price is now consolidating gains. There was a minor decline and the price tested the 23.6% Fib retracement level of the upward move from the $948 swing low to the $995 high.<\/p>\n<p>The price is now trading above $980 and the 100-hourly simple moving average. Besides, there is a key bullish trend line forming with support at $960 on the hourly chart of the BNB\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/09\/Binance-Coin-BNB-4.png\"><\/a><\/p>\n<p>On the upside, the price could face resistance near the $995 level. The next resistance sits near the $1,000 level. A clear move above the $1,000 zone could send the price higher. In the stated case, BNB price could test $1,050. A close above the $1,050 resistance might set the pace for a larger move toward the $1,120 resistance. Any more gains might call for a test of the $1,150 zone in the near term.<\/p>\n<h2>Downside Correction?<\/h2>\n<p>If BNB fails to clear the $995 resistance, it could start another decline. Initial support on the downside is near the $980 level. The next major support is near the $970 level or the 50% Fib retracement level of the upward move from the $948 swing low to the $995 high.<\/p>\n<p>The main support sits at $960. If there is a downside break below the $960 support, the price could drop toward the $940 support. Any more losses could initiate a larger decline toward the $920 level.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for BNB\/USD is gaining pace in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BNB\/USD is currently above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $970 and $960.<\/p>\n<p>Major Resistance Levels \u2013 $995 and $1,000.<\/p>","protected":false},"excerpt":{"rendered":"<p>BNB price is gaining pace above the $980 zone. The price is now showing positive signs and might aim for a move above the $1,000 handle in the near term. BNB price started a fresh increase above the $950 and $975 levels. The price is now trading above $980 and the 100-hourly simple moving average. [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":97533,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-97532","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\/97532"}],"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=97532"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/97532\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/97533"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=97532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=97532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=97532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}