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The post <a href="https://coinpedia.org/price-analysis/bnb-price-at-all-time-high-reveals-more-than-25-upside/" rel="noopener noreferrer nofollow">BNB Price At All-Time High Reveals More than 25% Upside&nbsp;</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
With Bitcoin surpassing skyrocketing overnight to surface above $71,000, the broader market takes a huge leap on the upside. Amidst the recovering market, the bull run in the BNB price trend reaches a new all-time high level.&nbsp;
Crossing above the $700 level for a new all-time high at $716, the centralized crypto token is making waves in the top crypto segment. Will the rising demand and the increased momentum in the market propel the BNB price to $1,000?
Check out our <a href="https://coinpedia.org/price-prediction/bnb-binance-coin-price-prediction/" rel="noopener noreferrer nofollow">Binance price prediction</a> and determine if it will surge higher in 2024.&nbsp;
<h2 class="wp-block-heading" id="h-binance-jumps-15-aims-750-nbsp">Binance Jumps 15%, Aims $750&nbsp;</h2>
With a 15% jump this week, the 1W chart of the BNB price trend showcases a bullish engulfing candle crossing above $700 momentarily. The overnight surge of 9.53% leads to a new all-time high level.&nbsp;
Currently, the Binance token trades at $699 with an intraday jump of 1.97% and higher price rejection after forming ATH at $716.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeYFZ7d6shRIBPNGUEkbZxcWGnVTMN4uf6LxHJ7QIOQdagD4OLBheymKqByI9NVhEPKGSLiLheZatY7io_fES5pIf-Vju9EfkjbpWFtQkqjwqYh2luzz6TQyhjW7H39YmmZD9LVKDCjN4aEyw9Td2J3WWDK?key=4YHgvILVp-Ie90AFxO0crQ" alt="">
</figure>
<a href="https://www.tradingview.com/x/Ndqffzq0/" rel="noopener noreferrer nofollow">Tradingview</a>
In the daily chart, the BNB price shows an ascending triangle breakout rally gaining momentum amidst the broader market recovery. Further, the long-term picture shows a bullish flag pattern, bringing positive results and prolonging the prevailing uptrend.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeBJPPEWuZ7sZmZcAwPqq5XX-0GO6aub_-MU_zndTuVLNpBCnwC8yQD1bI254j0AtH65lPx-GXTdEhxYwuUoM6G8SfLZaTWv4qihtGHexAmJmdONAbb1EMCwZAQA2d1AH3YZaSX4uIbC3atyK-0aUVPQ0Y?key=4YHgvILVp-Ie90AFxO0crQ" alt="">
</figure>
<a href="https://www.tradingview.com/x/jqN7hOWU/" rel="noopener noreferrer nofollow">Tradingview</a>
Currently, the BNB token trades at unchartered price levels, bringing in more demand and improving the underlying sentiments. As per the trend-based Fibonacci levels, the bullish trend approaches the 78.60% level, aiming for a breakout rally.&nbsp;
Technical indicators:
RSI Indicator: The weekly RSI line prevails in the overbought zone and gives an uptick, reflecting a surge in demand.&nbsp;
MACD: The bullish trend in the MACD and Signal lines continues with a narrow escape from a bearish crossover.
<h2 class="wp-block-heading" id="h-will-bnb-price-cross-700">Will BNB Price Cross $700?</h2>
As the crypto market gains momentum with Bitcoin above $71,000, the bulls are planning to swing the BNB price higher above $700. This breakout rally can pump the altcoin price higher to the $859 mark.&nbsp;
Optimistically, the BNB price could reach the $1,000 mark if the bullish momentum is sustained.&nbsp;

BNB Price At All-Time High Reveals More than 25% Upside

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