BNB fell after reaching its all-time high in December 2024, but has regained its footing and is attempting to make another breakout attempt.
On top of trading just below its all-time high, the BNB to Bitcoin (BTC) chart shows bullish signs.
With that in mind, let’s analyze both charts to determine what lies ahead in 2025.
The weekly time frame analysis shows that BNB trades slightly below the $670 horizontal resistance area.
BNB has traded below this level since the start of 2021, except for a deviation (black circle) in December 2024.
The BNB price fell after the deviation, but it bounced at the middle of the range (green icon) and is making another breakout attempt.
While the breakout attempt is a positive development, BNB has also created a bearish head-and-shoulders pattern, which has created confusion about the trend’s direction.
Initially, technical indicators showed bearish signs. The Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) created bearish divergences (orange).
However, they have invalidated them by generating hidden bullish divergences (black).
These conflicting signs add to the uncertainty from the weekly time frame, which does not confirm if the BNB price prediction is bullish or bearish.
While the BNB to USD chart gives mixed readings, the BNB to BTC is bullish.
BNB is breaking out from a descending wedge that has existed since March.
Furthermore, the daily RSI and MACD have generated significant bullish divergences, supporting the breakout.
As a result, the BNB price will likely outperform Bitcoin soon, moving toward the ₿0.0078 resistance area.
Since the Bitcoin price is likely in a long-term bullish trend, the BNB price could also reach a new all-time high against USD.
The BNB price trades slightly below its final resistance area before the all-time high.
While the BNB to USD chart is mixed, the price shows bullish signs against Bitcoin.
As a result, a breakout above $670 and a move to new highs is likely.
The BNB to BTC chart also predicts a 20% rally toward ₿0.0078