Rongchai Wang
Jan 18, 2026 06:48
BNB trades at $947 with neutral RSI and strong momentum indicators. Technical analysis suggests Binance Coin could reach $950-$1,050 range by February 2026.
Binance Coin (BNB) is showing promising technical signals as it trades near $947, positioning itself for a potential breakout toward the $1,000 psychological level. With multiple analysts converging on similar price targets and technical indicators showing mixed but improving momentum, this BNB price prediction explores the key levels traders should watch in the coming weeks.
BNB Price Prediction Summary
• Short-term target (1 week): $970-$980
• Medium-term forecast (1 month): $950-$1,050 range
• Bullish breakout level: $971.38
• Critical support: $935.20
What Crypto Analysts Are Saying About Binance Coin
Recent analyst commentary has been notably bullish on BNB’s prospects heading into February 2026. Felix Pinkston noted on January 11 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.”
Building on this sentiment, Luisa Crawford observed on January 15 that “BNB trades at $933 with neutral RSI and resistance at $956. Technical analysis suggests Binance Coin could reach $950-$1,050 range by February 2026 following bullish breakout signals.”
Most recently, Terrill Dicki reinforced this Binance Coin forecast on January 17, stating that “BNB trades at $937 with neutral RSI and strong momentum indicators suggesting Binance Coin could reach $950-$1,050 range by February 2026 following bullish technical signals.”
The consensus among these analysts points to a consistent $950-$1,050 target range, suggesting institutional confidence in BNB’s upward trajectory.
BNB Technical Analysis Breakdown
Current technical indicators present a mixed but increasingly bullish picture for Binance Coin. Trading at $947.06, BNB sits comfortably above its key moving averages, with the 7-day SMA at $937.36 and the 50-day SMA at $883.62 providing strong support levels.
The RSI reading of 65.39 places BNB in neutral territory, suggesting there’s still room for upward movement before reaching overbought conditions. However, the MACD histogram at 0.0000 indicates bearish momentum in the short term, though this could represent a healthy consolidation before the next leg up.
Perhaps most telling is BNB’s position within the Bollinger Bands. With a %B position of 0.86, Binance Coin is trading near the upper band resistance at $962.76, indicating strong bullish pressure. The daily ATR of $23.96 suggests moderate volatility, providing opportunities for both entry and exit strategies.
Key resistance levels to watch include the immediate resistance at $959.22 and the stronger resistance at $971.38. On the downside, immediate support sits at $935.20, with stronger support at $923.34.
Binance Coin Price Targets: Bull vs Bear Case
Bullish Scenario
In the bullish case for this BNB price prediction, a break above the strong resistance level of $971.38 could trigger a rapid move toward the $1,000 psychological level. Given the consistent analyst targets in the $1,050 range, this represents a realistic upside scenario for February 2026.
Technical confirmation would come from a sustained break above the current Bollinger Band upper resistance at $962.76, combined with RSI moving into the 70+ range and MACD turning decisively positive. Volume expansion above the current 24-hour average of $84.9 million would provide additional confirmation.
Bearish Scenario
The bearish scenario involves a failure to hold the immediate support at $935.20, which could trigger a retest of the stronger support at $923.34. A break below this level might see BNB retesting the 50-day SMA at $883.62.
Risk factors include broader cryptocurrency market weakness, regulatory concerns affecting Binance, or a general risk-off sentiment that could pressure the entire exchange token sector.
Should You Buy BNB? Entry Strategy
Based on current technical levels, potential entry points for BNB include any pullback toward the $935-$940 range, which aligns with recent support and the 7-day moving average. More aggressive traders might consider entries on a break above $960 with confirmation volume.
For risk management, a stop-loss below $920 would protect against a significant breakdown while allowing room for normal volatility. Position sizing should account for the $23.96 daily ATR, suggesting potential daily moves of 2.5% in either direction.
The current Binance Coin forecast suggests a favorable risk-reward ratio for medium-term positions, with potential upside to $1,050 representing approximately 11% gains from current levels.
Conclusion
This BNB price prediction points to a bullish outlook for Binance Coin through February 2026, with a high-confidence target range of $950-$1,050. The convergence of analyst predictions, combined with technical indicators showing BNB trading near resistance with room for RSI expansion, supports this optimistic scenario.
However, traders should remain mindful that all cryptocurrency price predictions carry inherent risks, and positions should be sized appropriately. The key levels to watch remain the $971.38 resistance for bullish confirmation and $935.20 support for downside protection.
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Cryptocurrency investments carry significant risk, and past performance does not guarantee future results.
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Source: https://blockchain.news/news/20260118-price-prediction-bnb-targets-1000-by-february-2026-amid
