At press time, BNB price trades at $864.68 after gaining 1.59% in 24 hours, showing strength across the market. Binance coin price has broken out of its wide base, forming a steady climb. The BNB chart setup highlights Fibonacci levels that could guide the next major steps ahead. Meanwhile, Rex Osprey’s ETF filing and a $1B treasury fund now add fresh weight to the story.
BNB Price Action: Can Binance Coin Price Hold Its Uptrend?
Binance coin current price has held steady above the key $823 support after climbing out of its multi-month consolidation phase. The breakout creates a rising path, with new highs and steady lows that hold. Fibonacci shows $889 as the first real barrier, a step that could spark wider runs.
If broken, $1,147 becomes the next clear extension, offering bigger ground for bulls. Beyond this, projections extend toward $1,400, marking a possible long-term goal, a surge of more than 62%.
The Money Flow Index (MFI) sits at 44.34, reflecting neutral conditions and leaving space for buyers to advance. With inflows balanced, BNB maintains higher highs and higher lows inside the rising structure. Both the 0.236 and 0.618 Fibonacci levels stand as keys for the next wave.
Holding these levels allows price to stretch further, breaking ceilings and forming new range tops. However, a slip under $823 risks sending the price back into the lower base. The chart set up shapes a bullish long-term BNB price forecast with clear paths ahead.
Rex Osprey’s ETF Sparks Fresh Demand
Rex Osprey’s SEC filing for a BNB staking ETF marks a major step in bridging crypto with traditional finance. The proposal introduces a vehicle that allows regulated exposure while offering 3–5% staking rewards, a combination that could redefine how institutions approach Binance coin.
By merging passive yield with compliance, the ETF positions BNB as more than a speculative asset, giving it a role as a structured investment option. This move also signals growing appetite for products that simplify participation in crypto without leaving behind regulatory safeguards, boosting BNB price.
Recently, B Strategy announced a $1 billion BNB treasury fund that plans to hold the token as a reserve asset. The firm likens itself to the “Berkshire Hathaway” of the BNB ecosystem, underscoring its long-term commitment to anchoring institutional demand alongside the ETF.
To sum up, BNB price keeps building, holding support while testing zones that open new charts above. The coin is showing strong resilience, a shift from the long base behind it. With Rex Osprey’s ETF filing and B Strategy’s $1B reserve plan, demand feels reinforced. These dual forces, paired with technical drive, are shaping Binance coin price.
Frequently Asked Questions (FAQs)
BNB price is backed by technical levels above $823, steady channel growth, and fresh institutional catalysts.
The chart highlights $889, $1,147, and an extended Fibonacci projection near $1,400 as potential goals.
The ETF introduces regulated staking rewards, while the $1B fund adds long-term liquidity and institutional weight.
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Source: https://coingape.com/markets/is-bnb-price-set-for-1400-amid-rex-osprey-etf-filing/