BNB Price Reaches New All-Time High: Here's What's Next

Key Takeaways

The BNB price reached a new all-time high of $804.7 on July 23.
BNB is creating its fifth consecutive weekly bullish candlestick.
How much fuel does BNB have left in the tank this year?

After nearly a year of consolidation, BNB has finally broken out, soaring to a new all-time high of $804.7 and entering uncharted territory.

The rally has been backed by five straight weeks of bullish momentum since the June lows, along with strong signals from technical indicators.

Now that BNB has cleared its previous ceiling, the key question is: how much higher can it climb in 2025?

BNB All-Time High Price

BNB has been steadily climbing since August 2024, supported by a steep ascending trend line.

While the ascent was gradual at first, momentum kicked in after a strong bounce during the week of June 16 (green icon).

Since then, BNB has printed four consecutive bullish weekly candlesticks, culminating in a new all-time high of $794.

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What’s Next for BNB?

The wave count confirms that BNB is in the fifth and final wave of its upward movement (green) that began in June 2022.

Wave two was deep and gradual, while wave four was quick and shallow, fulfilling the alternation rule in EW theory.

Because of the overlap since the start of wave four, wave five will likely create an ending diagonal, hence the projected ascending wedge shape.

The 1.61 external Fibonacci retracement gives a BNB price prediction of $1,033 for the top of the cycle.

BNB Count — BNB/USDT Weekly Chart | Credit: Valdrin Tahiri/TradingView

If BNB creates a wedge, it will reach the high in December, when the resistance trend line will coincide with the target.

A breakout from the wedge will instead suggest that wave five will develop normally rather than as a diagonal.

While this is possible, the ending diagonal is the central BNB forecast based on the current price movement.

New BNB ATH

The BNB price reached a new all-time high of $804.7 today, on July 23.

The increase is unlikely to become parabolic despite the lack of overhead resistance.

Rather, the wave count gives a BNB price prediction of $1,033 for the end of 2025.

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Disclaimer: The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.

About the Author

Valdrin Tahiri

Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.

He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.

Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.

He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.

[email protected]

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BNB Price Reaches New All-Time High: Here’s What’s Next

BNB All-Time High Price

What’s Next for BNB?

New BNB ATH

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