Invezz
2026-01-27 14:12:33

BNB probing $915 resistance: can Binance Coin break $1K in 2026?

Binance Coin (BNB) is currently testing a critical resistance zone near $915. The cryptocurrency, which is the native token within the Binance ecosystem, has seen modest gains over the past 24 hours, trading around $880.18. The altcoin’s price has risen by 0.8% in a day, reflecting cautious optimism among traders. The 24-hour trading range has fluctuated between $869.32 and $886.40. In addition, BNB’s market capitalisation stands at nearly $120 billion, making it one of the largest cryptocurrencies by market value. Technical analysis: the key resistance and support levels Over the past week, BNB has traded between $858.35 and $912.91, highlighting significant market volatility. While the short-term trend has been slightly corrective, the broader outlook remains cautiously bullish. From a technical analysis point of view, BNB needs to stay above the first support at $859.50 for it to maintain bullish momentum. If the price holds above this level, the next target is the first major resistance at $899.94. Breaking above $899.94 could propel BNB toward the second resistance at $933.01 or even further towards the third resistance level at $1,054. On the downside, failure to hold $859.50 could see the coin retreat toward the next support at $813.80. These levels provide a roadmap for short-term traders. BNB coin price outlook and medium-term prospects BNB is down roughly 35.8% from its all-time high of $1,369.99, recorded in October 2025. Despite this, the coin has grown exponentially since its all-time low of $0.03982 in 2017. Analysts suggest that BNB’s next major hurdle is surpassing the $915 resistance zone. If successful, the coin could realistically aim for the $1,000 mark in 2026. Medium-term forecasts estimate a potential range between $950 and $1,050, contingent on continued market strength. BNB derivatives analysis data indicate elevated open interest of around $1.34 billion, showing sustained trader engagement. However, futures volumes remain relatively subdued, suggesting cautious positioning rather than aggressive buying. BNB’s large market capitalisation and liquidity make explosive short-term gains less likely than with smaller altcoins. Still, breaking past $1,000 would represent a significant psychological and technical milestone. The coin’s performance is influenced not only by technical factors but also by macro market conditions and network fundamentals. Binance Coin remains a core asset within the crypto ecosystem, serving both utility and transactional purposes. This inherent demand underpins its value, even during periods of sideways price action. The coming weeks will be crucial in shaping Binance Coin’s trajectory for the year ahead. The post BNB probing $915 resistance: can Binance Coin break $1K in 2026? appeared first on Invezz

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