Binance Coin's Potential Undervaluation Signaled by Bollinger Bands, Indicating a Possible Changes in Price Direction
In the dynamic world of cryptocurrency, Binance Coin (BNB) has recently made significant strides, reaching an all-time high (ATH) of $827 on July 28, 2025. This milestone comes after a surge in institutional demand and a substantial increase in trading volume, which increased over 35% in spot and futures markets.
Prior to this record-breaking event, BNB reached $804 on July 23, 2025, marking the end of a seven-month period without new highs. At that time, market capitalization exceeded $110 billion, with daily trading volumes surpassing $3.2 billion and increased speculative activity in derivatives markets.
Performance-wise, BNB has shown strong bullish momentum throughout 2025. The cryptocurrency has maintained support levels around $540-$550 and an uptrend supported by a positive 200-day moving average. Technical analysis points to potential price targets of around $1,600 in the following year, with some optimistic forecasts suggesting $2,000 if overall crypto market sentiment improves substantially. Despite occasional short-term volatility and overbought technical conditions, the broader trend remains positive.
As of press time, Binance Coin is trading for $774.98, representing a 2.06% increase in the last 24 hours. The token found support at the $758.56 level, aligning with the Fibonacci retracement level. The extended hourly candle needs to be stretched to a positive daily close for the uptrend to be promising. If BNB buyers can sustain current momentum, Binance Coin might break out toward $800.
The trading volume of BNB has increased slightly by 4.12% to $2.1 billion. The Bollinger Bands suggest an upward trajectory, with the upper line indicating that BNB is heading between $770.44 and $777.32. However, the overshooting of the Relative Strength Index (RSI) hints at a potential risk of a drawdown. The Bollinger Bands narrow with the lower band set at $763.02.
Key factors contributing to BNB's performance include increased institutional interest, expanding utility through the BNB Chain ecosystem with growing decentralized application adoption, and strong liquidity driven by both retail and institutional investors.
In summary:
- All-time high: $827 on July 28, 2025
- Recent milestones: $804 on July 23, 2025
- Market capitalization: Over $110 billion mid-2025
- Price trends: Bullish long-term trend, potential $1,600-$2,000 targets forecasted for next year
- Trading volume: Daily volumes exceeding $3 billion, increased futures and derivatives activity
- Drivers: Institutional demand, ecosystem growth, technical uptrend
This trajectory underlines BNB's strong position among top crypto assets with potential for further long-term gains depending on market conditions and ecosystem development. It's essential to conduct one's own research and consult financial experts before making any investment decisions.
[1] Cointelegraph. (2025). Binance Coin (BNB) hits new all-time high above $800. [online] Available at: https://cointelegraph.com/news/binance-coin-bnb-hits-new-all-time-high-above-800
[2] CoinMarketCap. (2025). Binance Coin (BNB) Price and Market Cap. [online] Available at: https://coinmarketcap.com/currencies/binance-coin/
[3] Investopedia. (2025). Binance Coin Price Prediction 2025, 2026, 2027, 2028, 2029, 2030. [online] Available at: https://www.investopedia.com/terms/b/binancecoin.asp
[4] CoinDesk. (2025). Binance Coin (BNB) Price Prediction 2025, 2026, 2027, 2028, 2029, 2030. [online] Available at: https://www.coindesk.com/info/binance-coin-bnb-price-predictions/
[5] Coinpedia. (2025). Binance Coin (BNB) Price Prediction 2025, 2026, 2027, 2028, 2029, 2030. [online] Available at: https://coinpedia.org/price-prediction/binance-coin-bnb-price-prediction/
- The milestone of Binance Coin (BNB) reaching an all-time high (ATH) of $827 on July 28, 2025, is a testament to its strong position among top crypto assets.
- The surge in trading volume, which increased over 35% in spot and futures markets, and the growth in institutional demand have contributed to BNB's impressive performance on the finance market.
- With a bullish long-term trend, potential price targets of around $1,600 in the following year, and a positive 200-day moving average, technological advancements in the BNB Chain ecosystem, and increasing adoption of decentralized applications are expected to drive further gains for Binance Coin.
