The post BNB Price Surges to New All-Time High at $864 as Binance Coin Shows Very Strong Bullish Momentum appeared on BitcoinEthereumNews.com.

Caroline Bishop
Aug 17, 2025 07:18

BNB price hits record $864 high before pulling back to $854, with technical indicators showing continued bullish momentum despite brief dip below $800 support.

Quick Take • BNB currently trading at $854.18 (+2.27% in 24h) • Binance Coin’s RSI at 67.99 shows healthy momentum without overbought conditions • New all-time high of $864 reached on August 14 demonstrates strong investor confidence What’s Driving Binance Coin Price Today? The BNB price action over the past week tells a compelling story of volatility followed by record-breaking performance. On August 10, Binance Coin briefly dipped below the psychological $800 level, creating temporary concern among traders despite the broader bullish macro trend. However, this weakness proved short-lived as BNB price recovered strongly to achieve a new all-time high of $864 on August 14, 2025. This milestone represents a significant achievement for Binance Coin, reflecting increased institutional and retail investor interest in the exchange token. The recovery from the $800 dip to the new high demonstrates the underlying strength of BNB’s market structure and the confidence traders have in Binance’s ecosystem growth. The current BNB price of $854.18 sits just below the recent peak, suggesting the market is consolidating these gains while maintaining bullish sentiment. Trading volume on the BNB/USDT pair reached $109.76 million in the past 24 hours, indicating healthy participation during this price discovery phase. BNB Technical Analysis: Very Strong Bullish Signals Emerge The Binance Coin technical analysis reveals overwhelmingly positive momentum across multiple timeframes. Binance Coin’s RSI reading of 67.99 positions BNB in the neutral-to-bullish zone, providing room for further upside without entering overbought territory. This BNB RSI level suggests the recent rally has been measured rather than parabolic, which supports sustainability. The moving average structure strongly favors…

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Filed under: News - @ August 17, 2025 7:22 am