BNB Price Surges to New All-Time High at $864 as Binance Coin Shows Very Strong Bullish Momentum



Caroline Bishop
Aug 17, 2025 07:18

BNB price hits record $864 high before pulling back to $854, with technical indicators showing continued bullish momentum despite brief dip below $800 support.



BNB Price Surges to New All-Time High at $864 as Binance Coin Shows Very Strong Bullish Momentum

Quick Take

• BNB currently trading at $854.18 (+2.27% in 24h)
• Binance Coin’s RSI at 67.99 shows healthy momentum without overbought conditions
• New all-time high of $864 reached on August 14 demonstrates strong investor confidence

What’s Driving Binance Coin Price Today?

The BNB price action over the past week tells a compelling story of volatility followed by record-breaking performance. On August 10, Binance Coin briefly dipped below the psychological $800 level, creating temporary concern among traders despite the broader bullish macro trend. However, this weakness proved short-lived as BNB price recovered strongly to achieve a new all-time high of $864 on August 14, 2025.

This milestone represents a significant achievement for Binance Coin, reflecting increased institutional and retail investor interest in the exchange token. The recovery from the $800 dip to the new high demonstrates the underlying strength of BNB’s market structure and the confidence traders have in Binance’s ecosystem growth.

The current BNB price of $854.18 sits just below the recent peak, suggesting the market is consolidating these gains while maintaining bullish sentiment. Trading volume on the BNB/USDT pair reached $109.76 million in the past 24 hours, indicating healthy participation during this price discovery phase.

BNB Technical Analysis: Very Strong Bullish Signals Emerge

The Binance Coin technical analysis reveals overwhelmingly positive momentum across multiple timeframes. Binance Coin’s RSI reading of 67.99 positions BNB in the neutral-to-bullish zone, providing room for further upside without entering overbought territory. This BNB RSI level suggests the recent rally has been measured rather than parabolic, which supports sustainability.

The moving average structure strongly favors bulls, with Binance Coin trading well above all major averages. BNB price sits $19 above the 7-day SMA at $835.24 and a substantial $57 above the 20-day SMA at $797.73. Most impressively, Binance Coin maintains a $199 premium to its 200-day SMA at $655.20, indicating a robust long-term uptrend.

Binance Coin’s MACD configuration shows bullish momentum with the MACD line at 26.55 trading above the signal line at 23.51. The positive MACD histogram of 3.05 confirms that bullish momentum is accelerating rather than diminishing.

The Bollinger Bands analysis reveals BNB trading near the upper band at $865.40, with the %B position at 0.92 indicating Binance Coin is approaching potential resistance. However, this positioning often precedes breakouts in strong trending markets rather than reversals.

Binance Coin Price Levels: Key Support and Resistance

Based on Binance spot market data, several critical Binance Coin support levels emerge from the current price structure. The immediate BNB resistance sits at $869.40, representing the next logical target following the recent all-time high. A break above this level could trigger additional buying interest and push BNB price toward uncharted territory.

On the downside, Binance Coin support levels provide a roadmap for risk management. The pivot point at $844.48 offers the first meaningful support, followed by stronger support at $730.01. This lower support level aligns closely with the Bollinger Band lower boundary, making it a high-probability reversal zone if reached.

The most significant Binance Coin support levels include the strong support at $643.71, which would represent a substantial retracement but remains within the context of the long-term uptrend. The Average True Range of $29.78 indicates that daily BNB price movements of this magnitude are normal, helping traders set appropriate position sizes.

Should You Buy BNB Now? Risk-Reward Analysis

For momentum traders, the current BNB price setup offers compelling opportunities with clear risk parameters. The proximity to all-time highs suggests buying on any dip toward the $844 pivot point, with stops below $730 and targets above $869. The very strong bullish trend classification supports this approach.

Swing traders might consider a more cautious entry strategy, waiting for a pullback to the 20-day SMA at $797.73 to improve risk-reward ratios. This level has historically provided support during uptrends and would offer a better entry point for medium-term positions.

Conservative investors should note that Binance Coin technical analysis shows extended conditions near Bollinger Band resistance. While the trend remains very bullish, the 52-week range from $531.49 to $854.19 illustrates BNB’s volatility profile. Position sizing should reflect this risk characteristic.

Day traders can focus on the BNB/USDT pair’s $29.78 ATR for setting realistic profit targets and stop losses. The current momentum suggests intraday breaks above resistance could extend quickly, but any failure at $869 might trigger profit-taking back toward $844.

Conclusion

BNB price action demonstrates remarkable strength following the new all-time high achievement, with technical indicators supporting continued bullish momentum in the near term. The recovery from the brief dip below $800 to current levels near $854 showcases Binance Coin’s resilient market structure. Traders should monitor the $869 resistance level closely over the next 24-48 hours, as a breakout could signal the next leg higher, while failure might lead to consolidation toward the $844 pivot point.

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Source: https://blockchain.news/news/20250817-bnb-price-surges-to-new-all-time-high-at-864