BNB prices are higher
Binance Coin ($BNB) is one of the outstanding performers of the recent market gathering, rising above $1,150 after weeks of stable profit. The move gave Altcoins the necessary push as Bitcoin revives over $120,000 and Ethereum consolidated over $4,500.
BNB’s sharp surges have renewed investors’ trust in exchange tokens with Binance’s strong trading volume and ecosystem growth adding further support.
BNB Price Chart Analysis
Looking at the daily charts, BNB has broken multiple levels of resistance and is currently trading around $1,162.
Support Level:
- $1,000 (psychological and structural support)
- $928 (50-day moving average)
- $860 (previous accumulation zone)
- $730 (200-day moving average, major long-term support)
Resistance level:
- $1,200-$1,250 is your immediate goal.
BNB/USD 1 Day Chart – TradingView
A breakout over $1,250 could pave the way for a trip to $1,400.
The strong uptrend (yellow trend line) shows that BNB respects its bullish channel, but recent rallys have been extended and could lead to short-term benefits.
Boost over Altcoins
Also known as October “uptober” In the crypto sector, historically, it has produced strong profits across major assets. This year, the trends are repeating: $bitcoin, $ethereum, $xrp, $bnb all post double-digit weekly increases.
For BNB, Uptober’s enthusiasm amplifies the breakout, and traders speculate that this could be the beginning of a bigger push if market sentiment is held.
Global Risk: Can I keep a rally?
Despite the bullish setup, the market faces serious macro challenges:
- US government closure May Delaying the Fed’s decision You lose confidence.
- Middle East conflict (Israel – Gaza vs. Regional Instability) continues to weigh global risk appetite.
- Economic uncertainty Volatility is added around inflation and slowing growth.
These risks mean that traders must be careful of sudden reversals while up-to-be burns profits.
BNB Price Prediction: What’s next for BNB?
If BNB holds more than $1,150, the Bulls $1,200-$1,250 zonethis could unleash even more opposite momentum. Beyond that, $1,400 will become the next important resistance to watch.
On the downside, refusal at $1,200 is $1,000 support Or deeper to $928. However, as long as the BNB is above $1,000, the bullish structure remains intact.
