BNB price surged to $900 on August 24, 2025, marking a bullish breakout with immediate support at $604 and Fibonacci cushions near $160. Traders now eye targets at $2,100, $5,000 and $12,000 as volume and structure suggest continued upside for Binance Coin over coming quarters, analysts say.
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BNB hits $900 and holds near $870 with strong support at $604 — traders target $2,100, $5,000, $12,000.
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Fibonacci retracements and an ascending channel show layered support and identified resistance zones for measured upside.
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Daily volume topped 95 million USDT during the rally, signaling growing institutional and retail participation.
BNB price rises to $900 as Binance Coin holds near $870 with key support at $604. Read COINOTAG’s technical outlook and targets: $2,100, $5,000, $12,000.
What is driving the BNB price surge to $900?
BNB price rose to a new all-time high of $900 on August 24, 2025, driven by elevated trading volume, an ascending channel pattern and reinforced Fibonacci support levels. Market participants cite stronger on-chain activity and expanding ecosystem utility as the primary drivers of the breakout.
How do Fibonacci retracements and support zones shape Binance Coin’s outlook?
Fibonacci retracements place key cushions at 0.5 ($160.75) and 0.618 ($115), offering multi-layered buys on deeper pullbacks. Immediate support at $604.34 confirms a higher-low structure. Resistance extensions at $1,879.31 and $4,538.81 suggest logical intermediate targets before traders set long-term objectives.
BNB surges to $900 with strong support and bullish targets at $2,100, $5,000, and $12,000 as traders show rising long-term confidence.
- BNB hits a record $900 and holds strong at $870 as traders eye bigger milestones with rising confidence in its long-term strength.
- Fibonacci levels and strong support at $604 show BNB’s path toward ambitious targets of $2,100, $5,000, and even $12,000 ahead.
- BNB’s bullish channel with higher highs and strong volume signals growing investor conviction in its potential to reach new heights.
Binance Coin (BNB) reached a fresh peak of $900 on August 24, 2025. Crypto analyst Crypto Patel noted the milestone reflects accelerated interest in BNB’s utility and tokenomic improvements. The session recorded an 11.14% gain with trading volume exceeding 95 million USDT, underscoring the conviction behind the move.
After the rally, BNB trades around $870.36 following a single-session gain of $87.22. The price action and on-chain metrics point to sustained interest rather than a fleeting pump, with investors emphasizing the coin’s expanding role across decentralized finance and exchange-native use cases.
Historical growth: How has Binance Coin advanced to this point?
BNB’s history shows a progression from penny-level valuations to three- and four-figure prices. The token moved through critical thresholds in 2021, including a notable break above $663.89, and has since built persistent support bands. This track record supports the argument for continued structural appreciation.
Source: Crypto Patel
What technical levels should traders watch next?
Key Fibonacci extensions highlight resistance at $1,879.31 and $4,538.81 as intermediate goals. The analysis identifies three staged targets: TP1 at $2,100, TP2 at $5,000 and TP3 at $12,000. Moving averages and volume trajectories will determine the pace of progression toward these levels.
How are traders interpreting volume and channel structure?
Volume above 95 million USDT in the breakout session confirms participation across market tiers. The ascending channel shows higher highs and higher lows, which traders interpret as a bullish trend confirmation. Pullbacks to established supports are viewed as buy zones rather than structural breaks.
Frequently Asked Questions
Can BNB reach $10,000 and what are the realistic probabilities?
Reaching $10,000 is a long-term scenario that depends on continued ecosystem growth, macro liquidity and sustained demand. While technically possible when projecting elastic extensions, such a target requires multiple bullish cycles and broad adoption across on-chain services.
What is a safe support level for short-term traders?
Short-term traders often consider $604 as immediate support and the 0.5 Fibonacci level near $160 as deep support. Risk management should include stop-losses below confirmed support and position sizing aligned with volatility.
Key Takeaways
- Immediate breakout: BNB reached $900 and holds volatility-backed support near $870 and $604.
- Technical roadmap: Fibonacci extensions and channel structure suggest staged targets at $2,100, $5,000 and $12,000.
- Risk management: Traders should monitor volume, moving averages and support confirmations for entries and stops.
Conclusion
BNB’s ascent to $900 reflects a combination of technical breakout, rising volume and expanding use cases for Binance Coin. Short-term targets at $2,100 and $5,000 are supported by Fibonacci extensions, while $12,000 remains a longer-term projection. Monitor on-chain indicators and price structure for disciplined entries and risk control; COINOTAG will continue to update this analysis as markets evolve.
