Blockchain News - 2/1/2026 2:13:49 PM - GMT (+0 )
Darius Baruo Feb 01, 2026 14:10
BNB Price Prediction Summary • Short-term target (1 week): $812-$860 • Medium-term forecast (1 month): $950-$1,050 range • Bullish breakout level: $860.58 • Critical support: $73...
• Short-term target (1 week): $812-$860
• Medium-term forecast (1 month): $950-$1,050 range
• Bullish breakout level: $860.58
• Critical support: $733.75
Recent analyst predictions paint a cautiously optimistic picture for Binance Coin despite current market turbulence. Peter Zhang noted on January 22, 2026, that "BNB trades at $883 with neutral RSI and mixed signals. Analysts forecast Binance Coin reaching $950–$1,050 by February 2026 despite current bearish momentum."
Felix Pinkston reinforced this sentiment on January 11, stating that "BNB price prediction shows bullish momentum at $912.96 with technical indicators suggesting Binance Coin could reach $950–$1,050 by February 2026 amid neutral RSI conditions."
Zach Anderson added technical confirmation on January 20, observing that "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."
The consensus among these analysts points to a Binance Coin forecast targeting the $950-$1,050 range by month's end, representing a potential 24-37% upside from current levels.
BNB Technical Analysis BreakdownThe current technical picture for Binance Coin presents a classic oversold scenario with potential for a significant bounce. At $765.19, BNB has declined 7.60% in the past 24 hours, pushing the RSI to an extremely oversold reading of 25.62.
The MACD indicator shows bearish momentum with a reading of -20.8477, though the histogram at 0.0000 suggests the selling pressure may be stabilizing. More encouraging is BNB's position relative to the Bollinger Bands, with a %B reading of -0.1536, indicating the price has moved well below the lower band at $794.75 - a condition that historically precedes rebounds.
Key moving averages reveal the extent of the current pullback. BNB trades significantly below its 7-day SMA at $850.68, 20-day SMA at $891.00, and 200-day SMA at $921.93. However, this creates substantial room for mean reversion once buying interest returns.
Critical resistance levels to watch include immediate resistance at $812.89 and strong resistance at $860.58. On the downside, immediate support sits at $733.75, with stronger support at $702.30.
Binance Coin Price Targets: Bull vs Bear Case Bullish ScenarioThe bullish case for this BNB price prediction centers on the extremely oversold RSI conditions and analyst targets in the $950-$1,050 range. A successful bounce from current levels could initially target the immediate resistance at $812.89, representing a 6% gain.
Breaking above $860.58 would confirm the bullish reversal and open the path toward the $950-$1,050 analyst targets. This scenario requires RSI to climb above 30, indicating an exit from oversold territory, and MACD to show positive divergence.
The 24-hour trading volume of $332.4 million on Binance suggests sufficient liquidity for such a move, while the daily ATR of $34.02 indicates normal volatility ranges that could accommodate the projected price movements.
Bearish ScenarioThe bearish case acknowledges that BNB remains below all major moving averages with negative MACD momentum. A failure to hold the $733.75 support level could trigger further selling toward the strong support at $702.30.
A break below $702.30 would invalidate the near-term bullish Binance Coin forecast and potentially target the $650-$680 range. Risk factors include broader crypto market weakness, regulatory concerns affecting Binance operations, or technical selling pressure as traders cut losses.
Should You Buy BNB? Entry StrategyFor traders considering BNB positions, the current oversold conditions present a potential opportunity, though timing remains crucial. Conservative entry points include:
Primary Entry: $750-$765 range (current levels) with a stop-loss below $730 Aggressive Entry: $735-$745 on any further weakness Breakout Entry: Above $815 for confirmation of reversal
Risk management should include position sizing of no more than 2-3% of portfolio due to the current bearish momentum. Target the first resistance at $812 for partial profit-taking, with remaining positions targeting the analyst consensus range of $950-$1,050.
ConclusionThis BNB price prediction suggests that despite current weakness, Binance Coin appears poised for recovery based on oversold technical conditions and analyst targets. The combination of RSI at 25.62, position below Bollinger Bands, and consistent analyst forecasts pointing to $950-$1,050 by February end creates a compelling risk-reward scenario.
However, investors should remain cautious given the bearish MACD and position below key moving averages. The path to recovery likely requires broader crypto market stabilization and successful defense of the $733.75 support level.
Disclaimer: Cryptocurrency price predictions are speculative and based on technical analysis. Past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance before investing.
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