Close Menu
    Trending
    • Crypto Dominates ETF Rankings, Claims Half of Top 20 ‘Newcomer’ Spots
    • $57B in Bitcoin and Ethereum Options Signals Big Moves Could Be Coming
    • Crypto developer walks free from Turkish custody after privacy protocol research triggers detention
    • Binance Coin (BNB) Pushes Higher, Surpasses Nike, DoorDash in Market Cap
    • Ethereum Nears $5,000 After 45% Monthly Rally, Whale Buying and Regulatory Clarity Fuel Surge
    • REX Osprey Solana ETF posts zero net flows across majority of August sessions
    • Bitcoin Price Soars Above $120K As Nakamoto Prepares $760 Million BTC Buy Post-Merger
    • Are Cardano Whales Preparing for Something?
    Facebook X (Twitter) Instagram YouTube
    Finance Insider Today
    • Home
    • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • Market Trends
    • More
      • Blockchain
      • Mining
    • Sponsored
    Finance Insider Today
    Home»Blockchain»BNB Price Breakout Could Trigger ATH Rally Repeat – $730 Next?
    Blockchain

    BNB Price Breakout Could Trigger ATH Rally Repeat – $730 Next?

    Finance Insider TodayBy Finance Insider TodayJune 21, 2025No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Cause to belief

    Strict editorial coverage that focuses on accuracy, relevance, and impartiality

    Created by trade consultants and meticulously reviewed

    The best requirements in reporting and publishing

    Strict editorial coverage that focuses on accuracy, relevance, and impartiality

    Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

    Amid the market efficiency, BNB is trying to reclaim the $650 degree. Some analysts consider {that a} breakout towards the $700 barrier would possibly happen subsequent, which might result in a much bigger transfer to new highs.

    Associated Studying

    BNB Breakout To Retest $700

    On Friday, BNB dropped to the $640 assist after failing to carry the mid-zone of its native value vary. The cryptocurrency has been buying and selling inside the $630-$690 value vary following its reclaim of the $600 barrier final month.

    Throughout the Could breakout, BNB neared the essential $700 resistance degree, hitting a four-month excessive of $697. This key degree propelled the altcoin’s value towards its $788 all-time excessive (ATH) after being damaged in late 2024 and was misplaced in the course of the early 2025 pullbacks.

    Now, the cryptocurrency is eyeing a reclaim of this space as assist to proceed its value restoration. Analyst Carl Runefelt from The Moon Present famous that BNB shows a one-month descending triangle sample on the day by day timeframe, with value compressing between the assist and resistance ranges.

    In response to the chart, the formation’s assist sits across the $635 degree, whereas the descending resistance sits across the $650 space. To Runefelt, a bullish breakout from this sample might propel the token 10% towards the $700 resistance.

    Notably, reclaiming and confirming this key space as assist might additionally ship BNB’s value towards one other essential horizontal degree.

    BNB
    BNB’s descending triangle formation breakout targets $700. Supply: Carl Runefelt on X

    Analyst Crypto Batman just lately highlighted that BNB is forming a multi-month ascending triangle, “holding sturdy” close to the ascending trendline after persevering with to bounce from the $635-$640 assist zone.

    To the market watcher, “Even with market uncertainty, BNB construction is clear after respecting the trendline and bouncing off main assist, now eyeing a breakout above $700,” which may very well be a part of a much bigger transfer towards the $800 degree.

    Is A Transfer To $800 Coming?

    Crypto Batman additionally famous that the cryptocurrency may very well be following the identical value motion as final 12 months. He asserted that the altcoin’s value “loves testing key zones earlier than liftoff,” including that it’s displaying the identical base kind because it did in Q3 2024.

    Final 12 months, the token fashioned a three-month base across the $460-$470 space, which led to an “explosive” run over the following few months. This 12 months, BNB fashioned an identical base close to the $550 degree, and it’s “displaying power once more.”

    BNB
    BNB’s value motion resembles its ATH rally. Supply: Crypto Batman on X

    To the analyst, “If the sample repeats, then endurance will give us earnings.” Moreover, he pointed out that regardless of the early April retraces, BNB held its macro vary, buying and selling above the vary lows and multi-time-tested assist.

    Associated Studying

    The cryptocurrency is now consolidating close to the mid-zone, which might propel the worth to a retest of the macro vary highs across the $729 mark. He defined that “If we see a breakout above the $729 resistance, it might open the trail towards a 50% transfer to the upside.”

    The analyst affirmed that BNB’s construction stays bullish so long as the cryptocurrency holds the $490-$500 ranges, including that the $600 mark can be a robust assist.

    As of this writing, BNB is buying and selling at $641, a 2.9% decline within the weekly timeframe.

    BNB, BNBUSDT
    BNB’s efficiency within the one-week chart. Supply: BNBUSDT on TradingView

    Featured Picture from Unsplash.com, Chart from TradingView.com



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Finance Insider Today
    • Website

    Related Posts

    $57B in Bitcoin and Ethereum Options Signals Big Moves Could Be Coming

    August 12, 2025

    Ethereum Nears $5,000 After 45% Monthly Rally, Whale Buying and Regulatory Clarity Fuel Surge

    August 11, 2025

    Bitcoin-Money Supply Link Is A Myth, Glassnode Researcher Reveals

    August 11, 2025

    Ethereum Surpasses MasterCard In Asset Rankings, Bullish Targets Set

    August 11, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Wallets Holding 0.1+ SOL Reach Record High

    July 1, 2025

    Analyst Calls For Bitcoin Crash As Price Pulls Above $108,000 — Details

    July 1, 2025

    Trader Says Two Altcoins Looking ‘Solid’ Overall, Updates Outlook on BONK and Bitcoin

    May 5, 2025

    A 19x Rally for This Ethereum-Based Altcoin Against Bitcoin by End of Cycle Is ‘Only Logical,’ Says Analyst

    May 2, 2025

    XRP Price Eyes Gains, But Technicals Suggest Upsides May Be Limited

    May 20, 2025
    Categories
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cryptocurrency
    • Ethereum
    • Market Trends
    • Mining
    About us

    Welcome to Finance Insider Today – your go-to source for the latest Crypto News, Market Trends, and Blockchain Insights.

    At FinanceInsiderToday.com, we’re passionate about helping our readers stay informed in the fast-moving world of cryptocurrency. Whether you're a seasoned investor, a crypto enthusiast, or just getting started in the digital finance space, we bring you the most relevant and timely news to keep you ahead of the curve.
    We cover everything from Bitcoin and Ethereum to DeFi, NFTs, altcoins, regulations, and the evolving landscape of Web3. With a global perspective and a focus on clarity, Finance Insider Today is your trusted companion in navigating the future of digital finance.

    Thanks for joining us on this journey. Stay tuned, stay informed, and stay ahead.

    Top Insights

    Crypto Dominates ETF Rankings, Claims Half of Top 20 ‘Newcomer’ Spots

    August 12, 2025

    $57B in Bitcoin and Ethereum Options Signals Big Moves Could Be Coming

    August 12, 2025

    Crypto developer walks free from Turkish custody after privacy protocol research triggers detention

    August 12, 2025
    Categories
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cryptocurrency
    • Ethereum
    • Market Trends
    • Mining
    Facebook X (Twitter) Instagram YouTube
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2025 Financeinsidertoday.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.