BNB Price Prediction: Targets $950-$1,050 by February End Despite Current Oversold Conditions



Rongchai Wang
Feb 02, 2026 13:36

Binance Coin trades at $765 in oversold territory with RSI at 27. Analysts forecast BNB reaching $950-$1,050 range by February end despite near-term bearish signals.



BNB Price Prediction: Targets $950-$1,050 by February End Despite Current Oversold Conditions

Binance Coin (BNB) is experiencing significant technical pressure as it trades at $765.51, down 0.81% in the last 24 hours. Despite current bearish momentum, recent analyst forecasts suggest potential upside targets that could materialize before February’s close.

BNB Price Prediction Summary

Short-term target (1 week): $782-$798
Medium-term forecast (1 month): $950-$1,050 range
Bullish breakout level: $798.60
Critical support: $738.70

What Crypto Analysts Are Saying About Binance Coin

Recent analyst commentary provides insight into BNB’s potential trajectory. Zach Anderson noted on January 20, 2026: “BNB trades at $926 with neutral RSI and bullish MACD momentum. Technical analysis suggests Binance Coin could reach $950–$1,050 range by February 2026.”

Peter Zhang echoed similar sentiment on January 22, 2026, stating: “BNB trades at $883 with neutral RSI and mixed signals. Analysts forecast Binance Coin reaching $950–$1,050 range by February 2026 despite current consolidation phase.”

These Binance Coin forecast targets appear ambitious given current market conditions, but align with broader technical resistance levels identified through on-chain analysis.

BNB Technical Analysis Breakdown

The technical picture for BNB presents a mixed but potentially constructive setup. The RSI reading of 27.12 places Binance Coin firmly in oversold territory, historically a zone where bounce potential increases. This oversold condition suggests selling pressure may be reaching exhaustion.

The MACD indicator shows bearish momentum with a reading of -26.8072, matching the signal line exactly with a histogram at 0.0000. This convergence suggests momentum may be stabilizing, though directional confirmation is still needed.

Bollinger Bands analysis reveals BNB trading near the lower band at $772.86, with the current position at -0.0337. This positioning near the lower band support level often precedes mean reversion moves toward the middle band at $881.76.

Moving averages paint a challenging picture, with BNB trading below all major timeframes. The SMA 7 at $833.46, SMA 20 at $881.76, and SMA 200 at $922.12 all represent overhead resistance levels that must be reclaimed for sustained upside.

Binance Coin Price Targets: Bull vs Bear Case

Bullish Scenario

The primary BNB price prediction for bulls centers on reclaiming the immediate resistance at $782.05. A break above this level opens the path to strong resistance at $798.60, which represents the first major breakout level.

Should BNB clear $798.60 with volume confirmation, the next targets align with analyst forecasts. The SMA 7 at $833.46 becomes achievable, followed by the critical SMA 20 at $881.76. Ultimate bull targets of $950-$1,050 would require sustained momentum and broader market support.

Bearish Scenario

Failure to hold current levels exposes the immediate support at $738.70. A break below this zone triggers deeper selling toward the strong support at $711.90, representing a potential 7% decline from current levels.

The bearish Binance Coin forecast scenario involves continued selling pressure overwhelming the oversold RSI reading, potentially driving BNB toward the $680-$700 range where longer-term support may emerge.

Should You Buy BNB? Entry Strategy

Current oversold conditions present a tactical opportunity for risk-tolerant traders. Entry consideration begins above $738.70 support, with initial targets at $782 resistance.

A more conservative approach waits for RSI recovery above 30 and MACD histogram to turn positive. Stop-loss placement below $711.90 provides reasonable risk management for long positions.

Position sizing should account for the 24-hour trading range volatility of $43.35 and daily ATR of $36.47, indicating continued price swings are likely.

Conclusion

This BNB price prediction suggests a complex but potentially rewarding setup. While short-term technicals remain challenged, the combination of oversold RSI conditions and analyst targets of $950-$1,050 creates an asymmetric risk-reward profile.

The February timeline for reaching analyst targets appears aggressive given current positioning below all major moving averages. However, cryptocurrency markets can move rapidly, and the oversold condition provides a foundation for potential recovery.

Cryptocurrency investments carry substantial risk. This analysis is for informational purposes and should not be considered financial advice. Always conduct your own research and consider your risk tolerance before trading.

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Source: https://blockchain.news/news/20260202-price-prediction-bnb-targets-950-1050-by-february-end