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HomeCrypto NewsCan BNB Reach $1000 This Quarter: Levels Revealed

Can BNB Reach $1000 This Quarter: Levels Revealed

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BNB is currently trading around $662.12, reflecting a 0.02% increase over the past 24 hours. The coin continues to show resilience following the recent Maxwell upgrade, which has strengthened network performance and driven ecosystem activity.

In this article, we will look at Bnb crypto price target by looking at technical analysis and latest news.

For on-demand analysis of any cryptocurrency, join our Telegram channel.

BNB Next Target

  • Current Price: $662.12
  • 24h Price Change: +0.02%
  • 24h Range: $644.68 – $662.12
  • Market Cap: ~$93 billion
  • 24h Trading Volume: ~$1.44 billion
  • Circulating Supply: ~140.88 million BNB
Can BNB Reach $1000 This Quarter: Levels Revealed

Price is in an Uptrend, long-term. It broke out of Falling Wedge, above 200 SMA ($642), with upside to $700 next (PT). Stop Loss at $637.

Key Technical Indicators

  • RSI (14): ~71.9 (Overbought zone)
  • MACD (12,26): Positive – Bullish crossover confirmed
  • Moving Averages (5–200 day): All indicating a “Buy” trend
  • Support Levels: $652–$653 (20/50 day EMA)
  • Resistance Levels: $660–$670 zone
  • Trend: Short-term bullish; watch for consolidation due to RSI exhaustion

Latest BNB News & Developments

  • Maxwell Hard Fork Activated:
    The latest upgrade has cut block times nearly in half to ~0.75 seconds.
  • DeFi Volume Surge:
    In June, BNB Chain recorded over $166 billion in DEX volume with PancakeSwap leading the surge.
  • Bullish Technical Momentum:
    Analysts suggest that if BNB maintains levels above key EMAs and holds current support, it could push toward the $700 mark in July.
  • Analyst Sentiment:
    Despite some decline in open interest and caution from MACD signals, RSI remains bullish.

👉 Short-Term Forecast: Neutral to Bullish
📉 Risk Level: Moderate – monitor RSI cooling and support levels

For on-demand analysis of any cryptocurrency, join our Telegram channel.

Harsh PanghalHarsh Panghal

Harsh Panghal

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