BNB Price Prediction: Targeting $950-$1,000 by October 31st Despite Short-Term Correction Risk

Binance Coin (BNB) is trading at $1,089.02 as of October 18, 2025, showing resilience despite mixed technical signals. Our comprehensive Binance Coin technical analysis reveals a complex setup that suggests both immediate downside risk and medium-term bullish potential.

BNB Price Prediction Summary

• BNB short-term target (1 week): $932-$975 (-14% to -10% correction likely)
• Binance Coin medium-term forecast (1 month): $950-$1,000 range by October 31st
• Key level to break for bullish continuation: $1,131 (recent 24h high)
• Critical support if bearish: $840 (strong support confluence)

Recent Binance Coin Price Predictions from Analysts

The latest BNB price prediction consensus from multiple analysts points toward a measured correction followed by recovery. Blockchain.News published two complementary forecasts on October 9th, both targeting the $950-$1,000 range by month-end but acknowledging potential downside to $932 support levels first.

This Binance Coin forecast aligns with our technical reading, as the current price sits precariously between key moving averages. The analyst consensus suggests medium confidence in the bullish outcome, contingent on BNB maintaining critical support structures.

Quickex.io’s recent analysis celebrated new all-time highs and highlighted institutional investment flows, though they stopped short of providing specific BNB price targets. This institutional backing provides fundamental support for the medium-term bullish case.

BNB Technical Analysis: Setting Up for Correction Then Recovery

The current Binance Coin technical analysis reveals a coin caught between bullish and bearish forces. Trading at $1,089.02, BNB sits below its 7-day SMA ($1,181.90) and 20-day SMA ($1,163.19), indicating short-term weakness, yet remains comfortably above the 50-day SMA ($1,022.55) and well above the 200-day SMA ($770.73), confirming the long-term uptrend.

The RSI reading of 47.62 places BNB in neutral territory, suggesting neither oversold nor overbought conditions. However, the MACD histogram at -23.2542 shows bearish momentum building, with the MACD line (34.1741) sitting below the signal line (57.4282).

Within the Bollinger Bands framework, BNB’s position at 0.30 indicates the price is closer to the lower band ($975.05) than the upper band ($1,351.32), suggesting potential downward pressure toward the $932-$975 support zone identified in our BNB price prediction.

Trading volume of $615.3 million over 24 hours provides adequate liquidity, though this represents a moderate level that could amplify volatility in either direction.

Binance Coin Price Targets: Bull and Bear Scenarios

Bullish Case for BNB

The primary BNB price target for bulls centers on the $950-$1,000 range by October 31st. This forecast assumes BNB can hold above the critical $840 strong support level and benefits from the overall bullish market structure evidenced by trading 41% above the 200-day moving average.

For this bullish scenario to unfold, BNB needs to reclaim the $1,131 level (recent 24h high) and subsequently challenge the $1,307 area near the 52-week high. The Bollinger Band upper limit at $1,351 represents the ultimate bullish target if momentum accelerates.

Key bullish catalysts include continued institutional adoption mentioned in recent analyst reports and potential positive developments in the broader Binance ecosystem.

Bearish Risk for Binance Coin

The bearish case for our BNB price prediction involves a breakdown below the immediate support at $860, which could trigger selling toward the strong support at $840. If this level fails, BNB could see a more significant correction toward the $775-$800 area, aligning with the 200-day moving average.

The bearish MACD histogram and position below short-term moving averages support this downside scenario in the immediate term. A break below $975 (Bollinger Band lower limit) would confirm the correction phase of our Binance Coin forecast.

Should You Buy BNB Now? Entry Strategy

Based on our BNB price prediction, the optimal entry strategy involves patience for better levels. Current price action suggests waiting for the anticipated correction to the $932-$975 support zone before initiating long positions.

Conservative Entry: $940-$960 range with stop-loss at $835
Aggressive Entry: Current levels around $1,089 with stop-loss at $860
Target: $950-$1,000 for both strategies

Risk management is crucial given the mixed technical signals. Position sizing should reflect the medium confidence level in the prediction, suggesting a measured approach rather than aggressive accumulation.

BNB Price Prediction Conclusion

Our comprehensive analysis supports a medium confidence BNB price prediction targeting $950-$1,000 by October 31st, following a likely correction to $932-$975 support levels first. The bearish MACD momentum suggests this correction could materialize within the next 7-10 days.

Key indicators to watch for confirmation include:
– Break below $975 confirming the correction phase
– RSI approaching 30-35 for oversold bounce signals
– MACD histogram turning positive for momentum shift

The timeline for this Binance Coin forecast spans the remainder of October, with the correction phase expected to complete by October 25th, followed by recovery toward month-end. Traders should monitor the $840 level closely, as a break below would invalidate the bullish medium-term outlook and suggest deeper correction potential.

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