Join Our Telegram channel to stay up to date on breaking news coverage
The BNB price soared 5% in the past 24 hours to trade at $796.42 as of 12:21 a.m. EST, with a 33% increase in trading volume to $2.6 billion.
This comes as Binance Coin (BNB) broke past the $800 mark for the first time, setting a new all-time high (ATH) at $801, according to data from CoinGecko. Its market capitalization now stands at $110.9 billion, surpassing Solana’s at $108.6 billion.
BNB has now retraced back to its current price, but remains bullish. With the price of BNB being up 28% in the last month, can the current trend continue?
BNB Price Riding Bullish Momentum As Price Eyes New ATH
The BNB price on the 3-day timeframe displays a strong bullish trend within a clearly defined rising channel pattern that began forming in early 2024.
After consolidating for several months within this rising channel, the Binance Coin price has recently broken toward the upper boundary with sharp upward momentum, reaching $796.42, a gain of over 5% in the last candle, as GeckoTerminal data shows.
The breakout move is supported by increasing volume and a clean bounce off both the 50 and 200 Simple Moving Average (SMAs), suggesting renewed buyer strength.
Meanwhile, the Relative Strength Index (RSI) is currently at 77.97, which is well into the overbought territory, and may be due for a short-term pullback. However, in strong uptrends, overbought conditions can persist for longer periods.
The blue Moving Average Convergence Divergence (MACD) line (28.31) is significantly above the orange signal line (15.48), and both are above the zero line. This bullish crossover signals an increase in upward momentum.
Binance Coin Price Analysis Hints At A 9% Surge
BNB price is currently in an intense bullish phase. Given the technical structure and the strength of the breakout, the Binance Coin price could potentially reach the next resistance zone around $870, a 9% surge from the current level.
The Chaikin Money Flow (CMF) value is 0.35, indicating a firmly positive reading. This suggests that capital inflow into the asset is strong, reinforcing the bullish outlook. Sustained positive CMF often confirms institutional accumulation or broad market interest.
However, the RSI being in overbought territory warns of a possible short-term pullback. If the price of BNB undergoes a correction, the midline of the channel near $700 and the 50 SMA at $635 may act as strong support levels.
As the BNB price soars to a new ATH, investors are flocking to the presale of Best Wallet (BEST), a rising star in the cryptocurrency wallet space.
Crypto Boy, a popular crypto analyst on YouTube with over 61.5K subscribers, says it is one of the cryptos to buy.
Best Wallet Presale Races Towards The $14.5 Million Mark – Next Crypto Gem?
Best Wallet is a non-custodial, multi-chain wallet that supports over 60 blockchains, including Ethereum, Binance Smart Chain, and Polygon.
It combines a built-in DEX, staking platform, and token launchpad, enabling users to manage, trade, and grow their crypto seamlessly.
Importing wallets from other Web3 platforms is effortless, and security is top-notch, with private keys stored locally, not on vulnerable servers.
The “Upcoming Tokens” feature is a standout. It has already highlighted high-potential presales, such as Pepe Unchained (PEPU) and Catslap (SLAP), which have delivered massive returns of 500% and 7,000%, respectively, for early adopters.
Furthermore, BEST holders benefit from perks such as reduced fees, up to 96% staking APY, governance rights, and priority access to new projects.
Still in its early stages of presale, the project has already raised over $14.1 million and is quickly hurtling towards $15 million.
🔥 Over $14M Raised & Climbing! 🔥
Built for traders who want speed and early access.
✅ Buy early-stage tokens straight from the app
✅ Swap and bridge across chains with ease
✅ Clean interface, full control of your assetsDownload Best Wallet 📲 https://t.co/YZVS4oxbqw pic.twitter.com/he2vFsrNK9
— Best Wallet (@BestWalletHQ) July 21, 2025
Priced at $0.025375, BEST is available for purchase via the project’s official website using cryptocurrency or bank cards. However, the price of BEST is expected to rise in approximately 35 hours, so investors seeking the best presale deal will want to act quickly.
Check out BEST on its official website.
Related News:
- Trending Meme Coins to Buy Now, July 22 – Peanut the Squirrel, Siren
- Bitcoin Price Prediction: As Investors Flock To This Layer-2 ICO For Its 223% APY
- BONK Surges 8%, But Experts Say This Trading Bot Token Might 10X
Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- 250,000+ Monthly Active Users
Join Our Telegram channel to stay up to date on breaking news coverage
