BNB Price Prediction: Targets $950-$1,050 by February End Despite Current Oversold Conditions
The post BNB Price Prediction: Targets $950-$1,050 by February End Despite Current Oversold Conditions appeared on BitcoinEthereumNews.com.
Rongchai Wang
Feb 02, 2026 13:36
Binance Coin trades at $765 in oversold territory with RSI at 27. Analysts forecast BNB reaching $950-$1,050 range by February end despite near-term bearish signals.
Binance Coin (BNB) is experiencing significant technical pressure as it trades at $765.51, down 0.81% in the last 24 hours. Despite current bearish momentum, recent analyst forecasts suggest potential upside targets that could materialize before February’s close. BNB Price Prediction Summary • Short-term target (1 week): $782-$798 • Medium-term forecast (1 month): $950-$1,050 range• Bullish breakout level: $798.60 • Critical support: $738.70 What Crypto Analysts Are Saying About Binance Coin Recent analyst commentary provides insight into BNB’s potential trajectory. Zach Anderson noted on January 20, 2026: “BNB trades at $926 with neutral RSI and bullish MACD momentum. Technical analysis suggests Binance Coin could reach $950–$1,050 range by February 2026.” Peter Zhang echoed similar sentiment on January 22, 2026, stating: “BNB trades at $883 with neutral RSI and mixed signals. Analysts forecast Binance Coin reaching $950–$1,050 range by February 2026 despite current consolidation phase.” These Binance Coin forecast targets appear ambitious given current market conditions, but align with broader technical resistance levels identified through on-chain analysis. BNB Technical Analysis Breakdown The technical picture for BNB presents a mixed but potentially constructive setup. The RSI reading of 27.12 places Binance Coin firmly in oversold territory, historically a zone where bounce potential increases. This oversold condition suggests selling pressure may be reaching exhaustion. The MACD indicator shows bearish momentum with a reading of -26.8072, matching the signal line exactly with a histogram at 0.0000. This convergence suggests momentum may be stabilizing, though directional confirmation is still needed. Bollinger Bands analysis reveals BNB trading near the lower band at $772.86, with the current position at…
Filed under: News - @ February 2, 2026 3:26 pm