Binance Coin (BNB) is also stabilising, although it has recently retreated, and it is currently holding up strongly around a support zone that has proven to be an important pivot point during past market reversals. Binance Coin Holds Crucial Support Range A well-known market analyst, CryptoPulse, pointed to Binance and said it is “setting up […]Binance Coin (BNB) is also stabilising, although it has recently retreated, and it is currently holding up strongly around a support zone that has proven to be an important pivot point during past market reversals. Binance Coin Holds Crucial Support Range A well-known market analyst, CryptoPulse, pointed to Binance and said it is “setting up […]

Binance Coin Holds Key Support as Market Signals Point Toward a Possible Breakout

2025/12/05 22:30
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
  • Binance Coin holds the key $870–$873 support zone, a historically important pivot for market reversals.
  • Technical indicators show neutral momentum, with RSI at 50 and MACD signalling slowed bullish strength.
  • Price struggles below major resistance levels, especially the 20-week SMA near $959.

Binance Coin (BNB) is also stabilising, although it has recently retreated, and it is currently holding up strongly around a support zone that has proven to be an important pivot point during past market reversals.

Binance Coin Holds Crucial Support Range

A well-known market analyst, CryptoPulse, pointed to Binance and said it is “setting up something clean,” hinting at the $870-$873 support zone as a zone to pay attention to. This is a zone that has been tested several times before, so it is very significant for people planning their next move.

Source: X

Wait for Binance to respect levels above $873, look for indicators of strength, and then target a potential retest of the highs. As pointed out, the increase in on-chain data and ecosystem expansion indicates it is a level deserving of attention.

At the time of writing, BNB is trading at $903.02, supported by a 24-hour trading volume of $2.10 billion and a market capitalisation of $124.19 billion. The BNB has slipped 1.48% over the last 24 hours, but analysts say the current setup may be preparing the ground for the next major move.

Source: CoinMarketCap

Also Read | Binance Coin Price Analysis: Which was the Most Profitable Month for BNB in 2025?

Momentum Cools as BNB Tries to Stay Steady

BNB is yet to establish equilibrium following the decline it recently faced. The RSI value at 50.31 is showing neutrality, which is not characterised by either buying pressure or selling pressure. In the past, the RSI reached a high of approximately 63.12, which indicated a weakening of upward strength.

Source: TradingView

The price is also hovering close to the levels of the MA Ribbon, and the 20-week SMA of $959.47 has proved to be a strong barrier, which BNB has not been able to overcome yet. At the same time, the 50-week SMA of $768.91 is also working to prevent a negative trend.

The MACD also indicates the slowdown trend. MACD is currently at 54.33, moving towards the signal line at 85.47, and the histogram is remaining below zero. This also indicates the dominance of the bears on the chart. As long as MACD is not showing an indication of turning upwards, BNB is also expected to exhibit a sideways movement, resistant to any upward pressure.

The future price movements of BNB, at least in the near term, are likely to be controlled by the extent to which it is able to hold on to the support levels between $870 and $873. If it can stick to the levels and indicate some sort of strength, it could soon move towards the recent high levels.

Also Read | BNB Price Outlook: Is a $900 Breakout Possible This Month?

Market Opportunity
Binance Coin Logo
Binance Coin Price(BNB)
$626,63
$626,63$626,63
-0,03%
USD
Binance Coin (BNB) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Why Cosmetic Boxes Matter for Beauty Brand Growth

Why Cosmetic Boxes Matter for Beauty Brand Growth

If you sell beauty products, you need cosmetic boxes for beauty brands. Many beauty brands spend on formulas but ignore the packaging. A plain or cheap box can
Share
Techbullion2026/03/26 23:04
Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be

Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be

The post Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be appeared on BitcoinEthereumNews.com. Jordan Love and the Green Bay Packers are off to a 2-0 start. Getty Images The Green Bay Packers are, once again, one of the NFL’s better teams. The Cleveland Browns are, once again, one of the league’s doormats. It’s why unbeaten Green Bay (2-0) is a 8-point favorite at winless Cleveland (0-2) Sunday according to betmgm.com. The money line is also Green Bay -500. Most expect this to be a Packers’ rout, and it very well could be. But Green Bay knows taking anyone in this league for granted can prove costly. “I think if you look at their roster, the paper, who they have on that team, what they can do, they got a lot of talent and things can turn around quickly for them,” Packers safety Xavier McKinney said. “We just got to kind of keep that in mind and know we not just walking into something and they just going to lay down. That’s not what they going to do.” The Browns certainly haven’t laid down on defense. Far from. Cleveland is allowing an NFL-best 191.5 yards per game. The Browns gave up 141 yards to Cincinnati in Week 1, including just seven in the second half, but still lost, 17-16. Cleveland has given up an NFL-best 45.5 rushing yards per game and just 2.1 rushing yards per attempt. “The biggest thing is our defensive line is much, much improved over last year and I think we’ve got back to our personality,” defensive coordinator Jim Schwartz said recently. “When we play our best, our D-line leads us there as our engine.” The Browns rank third in the league in passing defense, allowing just 146.0 yards per game. Cleveland has also gone 30 straight games without allowing a 300-yard passer, the longest active streak in the NFL.…
Share
BitcoinEthereumNews2025/09/18 00:41
US and UK Set to Seal Landmark Crypto Cooperation Deal

US and UK Set to Seal Landmark Crypto Cooperation Deal

The United States and the United Kingdom are preparing to announce a new agreement on digital assets, with a focus on stablecoins, following high-level talks between senior officials and major industry players.
Share
Cryptodaily2025/09/18 00:49