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Binance Coin (BNB) Shows Bullish Momentum Above Key Moving Averages
Binance Coin (BNB) recently hit a record high of $809.31 on July 23, 2025, sparking renewed excitement across the crypto market. Over the past 30 trading sessions, BNB surged nearly 20%, demonstrating robust bullish momentum.
Strong Price Gains and Growing Market Cap
Data from CoinMarketCap shows BNB’s monthly low at $636.90 before its meteoric rise to the all-time peak. In just one week, Binance Coin gained 6.03% in price, pushing its market capitalization up by 7.16%, now standing at an impressive $105.75 billion. Despite this surge, BNB’s market cap remains just below key exponential moving averages (20-day, 50-day, 100-day, and 200-day), signaling potential for further upside.
Technical Analysis: What the 30-Day Chart Reveals
Analyzing BNB’s 30-day price chart reveals a clear upward trend since early July 2025, characterized by higher highs and steady momentum. Currently, BNB trades above all major exponential moving averages, a strong technical sign that bullish momentum is sustaining. The 20-day EMA near $720 acts as a critical support level—any bounce here could ignite another upward wave.
Expert Predictions: Could BNB Reach $1,000 by Year-End?
Market analysts suggest that if Binance Coin holds above $720 and decisively breaks through resistance levels at $800 and $950, it has the potential to hit between $950 and $1,000 by the end of 2025. While some market corrections remain possible, the overall sentiment points toward continued growth for BNB in the coming months.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.
