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Binance Coin jumps over $700 with 18% weekly gain, eyeing $725 resistance for further rise.

Technical Signals
31 Aug 2026
Blockonomi
View Source
Bullish
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Binance Coin (BNB) surged past $700 in late August, gaining 18% in just seven days and pushing its market cap to about $94 billion. Technical analysts highlight $725 as a key resistance level; breaking it could trigger stronger bullish momentum. Despite the rapid rise, BNB remains well below its all-time high of $1,373, indicating significant upside potential. Indicators show overbought conditions, suggesting possible consolidation, but Elliott Wave analysis forecasts a potential rise up to $1,190 if momentum continues.

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BNB rallies past $700 with 18% weekly gain, eyes $725 resistance for further upside

BNB rallies past $700 with 18% weekly gain, eyes $725 resistance for further upside

Binance Coin (BNB) surged above $700 in late August, gaining 18% in a week amid bullish market sentiment and strong trading volume. Technical analysts highlight $725 as a key resistance level; breaking it could trigger more buying, while support lies...

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