A powerful on-chain signal just flashed for BNB, sparking renewed confidence in a bullish BNB price prediction as the token eyes a return to $1,000. The Network Value to Transactions (NVT) ratio has plunged to a 27-month low, suggesting BNB is currently undervalued relative to its growing network activity. In the past, this has been a contrarian signal. This means that, when the metric drops, the price of BNB starts to rise. The last time the NVT metric hit a low of around 90, BNB started its ascent from $650 to its all-time high of $1,300. BNB Price Prediction: Early Bullish Signals Pop Up in the Daily Chart The daily chart shows that an ascending price channel has formed after BNB hit a key support at $920. The price has progressively recovered, but experienced some selling pressure right after it hit $1,000. This psychological threshold would be the key resistance to watch in the next few days. A move above this mark could trigger a much more explosive uptick in the near term. Although it is still a bit early to tell if this will be the beginning of the next leg up for BNB. If the price rises above the 200-day EMA, it could retest its all-time high soon, as this is a critical level from a technical standpoint. Storing and swapping cryptos safely and at a low cost is critical to succeed when investing in cryptos. The Best Wallet Token ($BEST) is a hot crypto presale that powers a thriving ecosystem that includes a top-notch wallet, a decentralized exchange, and additional products that will soon be launched. Best Wallet Token ($BEST) Offers Discounts on Fees and Exclusive Access to New Presales Best Wallet is already known for its sleek, mobile-first design and support for over 60 blockchains. Now, it’s going a step further with the launch of its native token, Best Wallet Token ( $BEST ) . This token is built to make every part of the Best Wallet ecosystem more rewarding and connected. Holding $BEST unlocks early access to new crypto presales , exclusive staking rewards , and participation in community votes that shape future updates. Users can also complete airdropped quests that reward interaction with trending projects and upcoming listings. Inside the app, $BEST powers other platforms and products, such as The Best DEX, a hub linking over 200 decentralized exchanges, and The Best Card, a crypto debit card currently in development that will simplify crypto spending. You can buy $BEST by visiting the official Best Wallet website and connecting your wallet (e.g. Best Wallet ). You can easily swap USDT or ETH for the token, or use a bank card to join the presale in seconds. Buy $BEST Here. The post BNB Price Prediction: Hidden Buy Signal Emerges as BNB Surges Toward $1,000 – On-Chain Data Suggests a Big Bounce Is Coming appeared first on Cryptonews .
