BNB Defies Selloffs, Stays Inside 30% of All-Time Excessive

TL;DR

  • BNB trades round $760, sustaining stability whereas different high cryptocurrencies confronted steeper market losses.
  • A rounding backside breakout places $745 as key assist and potential targets at $790 to $1,000.
  • Institutional gamers like Nano Labs are including BNB to treasuries, signaling rising company curiosity.

Value Close to Document Ranges

BNB modified fingers at $760 at press time, with over $1 billion in 24-hour quantity. Costs dipped barely in a day and 9% over the previous week.

Within the final 24 hours, BNB traded between $755 and $770. Its seven-day vary was $735 to $833. The token continues to be solely 12% under its document excessive of $858 (CoinGecko information), set on July 28, 2025.

Crypto analyst Crypto Patel identified that BNB has outperformed most main altcoins throughout this market downturn. Many tokens have fallen 60–80% from their peaks, however BNB by no means slipped past 30%. That steadiness retains it near document ranges whereas the broader crypto market stays shaky.

$BNB is performing higher than most different main cash.

Whereas many dropped by 60–80%, #BNB by no means fell greater than 30%.
Now it’s already near its all-time excessive.

Quietly robust and constant.

Supply: CryptoQuant@cz_binance @binance pic.twitter.com/EIhlqQO4WO

— Crypto Patel (@CryptoPatel) August 4, 2025

Market information monitoring the drawdown from all-time highs for high altcoins reveals a transparent distinction. BNB, marked in blue, noticed its pullbacks keep between -6% and -30%. XRP ranged from -15% to -38%, whereas ETH additionally touched -38%. SOL had the heaviest losses, dropping over 60% from its excessive.

Curiously, the numbers present that BNB stayed extra secure than its friends. It held its floor during times the place different cash swung sharply decrease, giving it a fame for relative consistency.

Chart Patterns and Future Targets

Analyst Jonathan Carter recognized a rounding backside sample on the each day chart. BNB broke above the neckline close to $745 and is now retesting that degree as assist. Holding this zone would preserve the bullish setup in place.

#BNB

Binance Coin is retesting the damaged neckline of a rounding backside sample on the each day timeframe

The worth wants to carry above the neckline degree to substantiate the assist and proceed the bullish momentum

If confirmed, we may see the worth surge towards targets at… pic.twitter.com/KTrtx2T4aV

— Jonathan Carter (@JohncyCrypto) August 4, 2025

In case of a resumed momentum, Carter recognized potential highs at $790, $850, $900, and $1,000. Quantity and the RSI readings point out that the present rally has taken a breather, and the worth is consolidating upon breaking out.

Ecosystem Updates and Institutional Curiosity

Binance rolled out an internet pockets that permits merchants to approve transactions for as much as seven days and opened bitcoin choices writing to all customers. Each adjustments are designed to assist lively merchants and strengthen BNB’s ecosystem.

Company curiosity has picked up as effectively. CEA Industries, Liminatus Pharma, Windtree Therapeutics, and Nano Labs have all revealed BNB-related plans. Nano Labs stated it bought 128,000 BNB as a part of its new treasury technique.

BNB stays on watch because it retests assist and approaches vital resistance zones that would result in new highs.

The publish BNB Defies Selloffs, Stays Inside 30% of All-Time Excessive appeared first on CryptoPotato.

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