#BNBATH880
On August 21, 2025, the Binance Coin (BNB) reached a new all-time high of $881.16, surpassing its previous high of $880.
🔍 Technical Analysis
Current Resistance: The $880 level is considered a strong psychological resistance, which has been recently surpassed.
Technical Support: Ranges between $850 and $853, where the price has shown stability at these levels.
Relative Strength Index (RSI): Approaching the overbought zone, indicating a potential short-term correction.
🚀 Influencing Factors
Institutional Momentum: Reports indicate an investment influx from large institutions, boosting confidence in the coin.
BNB Network Activities: There has been a noticeable increase in transaction volume and decentralized applications, reflecting growth in network usage.
Demand for BNB: Continues to rise thanks to widespread use on the Binance platform and related programs.
📈 Future Predictions
Next Target: If momentum continues, the price may head towards $1000.
Warning: Support and resistance levels should be monitored closely, as the market may experience short-term volatility.