BNB Price Prediction: Targets $980 by February Amid Technical Breakout Setup

Binance Coin (BNB) is showing promising technical signals as it trades at $931.22, positioning itself for a potential breakout toward key resistance levels. With the token gaining 2.67% in the last 24 hours and trading near the upper Bollinger Band, crypto analysts are closely watching for confirmation of continued upward momentum.

BNB Price Prediction Summary

• Short-term target (1 week): $955-$970
• Medium-term forecast (1 month): $950-$1,050 range
• Bullish breakout level: $980
• Critical support: $906

What Crypto Analysts Are Saying About Binance Coin

While specific analyst predictions from major crypto influencers are limited in recent days, on-chain data from blockchain analytics platforms suggests cautious optimism for BNB’s near-term outlook. According to recent market reports, previous forecasts from December 2025 established targets ranging from $950 to $1,100 by January 2026, with the current price action aligning with these projections.

The absence of fresh KOL predictions may indicate market uncertainty, but technical indicators are providing clearer directional signals for this Binance Coin forecast.

BNB Technical Analysis Breakdown

The technical picture for BNB reveals several compelling signals supporting a bullish bias in the short term. The Relative Strength Index (RSI) sits at 62.79, placing it in neutral territory with room for upward movement before reaching overbought conditions.

Moving Average Analysis: BNB is trading above all major short and medium-term moving averages, with the price at $931.22 significantly higher than the 20-period SMA at $887.38 and the 50-period SMA at $878.95. This configuration typically indicates strong bullish momentum.

Bollinger Band Position: At 0.88 on the Bollinger Band scale, BNB is trading very close to the upper band resistance at $944.55, suggesting either an impending breakout or potential short-term pullback. The middle band at $887.38 provides dynamic support.

MACD Signals: The MACD histogram reading of 0.0000 indicates bearish momentum, creating a divergence with the price action that traders should monitor closely. This could signal a temporary pause in the uptrend.

Binance Coin Price Targets: Bull vs Bear Case

Bullish Scenario

In the optimistic scenario for this BNB price prediction, a break above the immediate resistance at $955.21 could trigger momentum toward the strong resistance level at $979.19. A successful breach of this level would open the path to psychological resistance around $1,000, aligning with previous analyst targets.

Technical confirmation would require sustained trading above $955 with increasing volume and RSI maintaining levels above 65. The daily ATR of $25.20 suggests sufficient volatility to achieve these targets within the forecasted timeframe.

Bearish Scenario

The bearish case for BNB centers around the divergent MACD signal and proximity to upper Bollinger Band resistance. A rejection at current levels could see the token retreat to immediate support at $906.71, followed by stronger support at $882.19.

Risk factors include broader crypto market weakness, regulatory concerns affecting Binance operations, or technical failure to maintain above the 20-period moving average at $887.38.

Should You Buy BNB? Entry Strategy

Based on current technical levels, potential entry strategies for BNB include:

Aggressive Entry: Current levels around $930-$935 with tight stop-loss at $906 support
Conservative Entry: Wait for pullback to $910-$920 range for better risk-reward ratio
Breakout Entry: Above $955 confirmation with stop-loss at $930

Risk management suggests position sizing should account for the $25.20 daily ATR and volatile nature of cryptocurrency markets.

Conclusion

This Binance Coin forecast suggests cautious optimism for BNB in the coming weeks, with technical indicators supporting a potential move toward $980 resistance. The current setup favors bulls, though the MACD divergence warrants attention for short-term volatility.

While the $950-$1,050 range appears realistic for the next month, traders should remain vigilant around key support at $906. The BNB price prediction carries moderate confidence given the mixed technical signals, with success dependent on broader market conditions and Bitcoin’s performance.

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

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