BNB is heating up : is a massive rally about to begin ?
BNB , the native token of the binance ecosystem , has been showing renewed strength in recent weeks , catching the attention of traders , and investors alike . after consolidating for months in a sideways range , BNB has finally broken above key levels and is now testing major resistance near $690 - $700 .
with the same question , is BNB gearing up for a major breakout ?
in this article , we dive deep into the daily chart structure , key indicators like RSI , Fibonacci projections , and short - term support and Resistance zones to provide a data driven price predictions for BNB in July 2025 .
BNB price predictions : What happening with BNB right now ?
BNB is this just a pullback or the start of a reversal ?
today's red Heikin Ashi candle after several strong green candles could signal a minor correction not a trend change Heikin Ashi smooths out price noise . so red candles after a run up often suggest consolidation rather than immediate drop further more , the price is still comfortably above the recent support at $677 , which corresponds to 0.618 level
if BNB price holds this level , the structure remains bullish . a braek below $675 , how ever could lead to a quick test of price appears to be consolidating between the 0.618 retracement level (~$675) and Resistance around $700 - $710 . the $700 -$710 area is acting as a psychological and technical if BNB decisively breaks this level on strong volume , the next upside target is around $750 a major extension zone from recent Fibonacci projections
to calculate the Fibonacci extensions
swing low : $500
swing high : $720
1.618 extension target = $500 + 1.618 × ( $720 -
$500 ) = $500 + 1.618 × $220 = $855.96
while $855 seems too ambitious for July , it reindeers the longer term bullish thesis if $750 is
broken this month .
What is RSI tells us about BNB'S strength ?
the RSI (14) sitting at 61.16 is significant . it shows that the asset is in bullish Momentum but is not yet over bought . RSI over 70 typically signals a market top is near . BNB price still has breathing room to run up before exhausting buying pressures .
If RSI climbs towards 75 , we may anticipate a short - term top between $735 - $750 , which align with previous price action resistance from April 2024
BNB Price predictions for July 2025 if current Momentum continues and BNB price breaks above $700 with volume confirmation , the next price targets area
Short term : $710 (minor resistance ) , $734 (measured move target ) , and mid term : $750 - $765 ( psychological + extension resistance )
BNB need to hold the $675 support in the next 48 - 72 hours keep this bullish setup interact. If $675 is lost , downside targets shifts to $650 and potentially $620
Can BNB hit $750 ?
Yes bbut with conditions