Market Performance - BNB is trading at $910 after rising 1.6% in the past 24 hours, approaching a long-standing resistance level that has defined its trend for nearly seven years ¹. - The token has shown strong bullish signals, potentially lifting its price close to $1,000, with various technical indicators like the double bottom pattern and falling wedge breakout ². - BNB's price rose 1.44% to $908, driven by a 68% surge in trading volume, as large investors may be accumulating the token during a consolidation phase ³.
Technical Analysis - A double-bottom pattern on the four-hour chart indicates a potential bullish reversal, with critical resistance around $900-$920 ⁴. - A breakout above the $920-$928 resistance zone could push BNB toward $940 or $1,000 ³. - Short liquidations worth $112 million at the $1,020 level could catalyze further price increases for BNB ⁴.
Adoption and Partnerships - CEA Industries has confirmed that it will continue to hold BNB as its only digital asset reserve, following internal reviews and recent conversations with stakeholder groups ⁵. - BNB Chain is showing strong bullish vigor, with a 13% rise from its local bottom near $800 ⁴.
Predictions and Forecast - According to Binance's own forecast, the expected price of BNB by the end of December 2025 is approximately $605.62, indicating a slight decrease from the current price ⁶. - However, some analysts predict that BNB could reach $1,000 in December, driven by technical indicators and market sentiment ⁷ ².$BNB #WriteToEarnUpgrade