Binance coin is seemingly unaffected by the $19 billion liquidation event that swept the crypto market, a testament to bullish BNB price predictions.
While the altcoin faced a sell-the-news reaction to US-China trade war escalations like most, it has been the quickest to recover, a display of deep investor confidence.
BNB hit a new all-time high of $1,370 during Monday trading, underscoring its strong underlying fundamentals.
According to Coinomist Magazine data, BNB Chain processed over 500 million transactions in the past 30 days, marking a 151% month-over-month increase.
Much of this momentum is tied to the booming Binance-native meme coin market narrative, with ex-CEO Changpeng Zhao’s engagement helping drive social sentiment.
Binance appears to be having its own “supercycle” moment, reminiscent of Solana’s 2024 breakout after the launch of meme coin launchpad Pump.fun.
BNB Price Prediction: Will the Binance Bull Run Go On?
Binance Coin may still have room to run, with the 15-month ascending triangle pattern yet to fully play out.
BNB / USDT 1-week chart, 15-month ascending triangle pattern. Source: TradingView.
While the post-breakout momentum has stalled this week, the wider structure remains in play. Sights are still set on its $1,650 target, leaving room for a further 40% upwards move.
In the short term, market sentiment may catch up to BNB as momentum indicators signal a cooling phase.
The RSI has reversed from overbought territory above 70, often marking a local top. Still, the MACD histogram’s wide gap above the signal line suggests the uptrend remains strong.
A retest of psychological support around $1,000 stands as a credible local bottom.
Looking ahead, U.S. interest rate cuts could reignite risk appetite into 2026. With growing capital rotation into meme coins, BNB could surge another 150% to $3,000 under stronger demand conditions.
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The post BNB Price Prediction: BNB Hits Record $1,370 as $19B Vanishes From Crypto – What’s Going On? appeared first on Cryptonews.
