Binance Coin Experiences 22% Surge in Unexpected Price Move

Binance Coin (BNB) has seen an unexpected rise, with a 22% increase in its trading volume, resulting in a price spike. This surge has outpaced the broader crypto market by over 1.11%, breaking through the $901 resistance level in the past 24 hours.

BNB's price moved from a low of $883.78, crossing the $901 resistance to reach a peak of $907.98. This bullish move has sparked excitement among the Binance Coin community, and its trading volume has surged by 22.97%, hitting $2.02 billion.

With this breakout above the $901 resistance, Binance Coin is now poised to test the $926 price point. However, it faces challenges, as its Relative Strength Index (RSI) has hit 74.35, indicating overbought conditions. Despite the positive engagement and rising trading activity, BNB could risk falling back if it drops below $891.62.

The coin has not managed to break $925 in the past 30 days, constrained by market volatility, and has been trading within the $821–$875 range. Nonetheless, market participants remain hopeful that BNB will sustain its bullish momentum and continue on its upward trajectory.

Currently, Binance Coin is 33.76% away from its all-time high (ATH) of $1,370.55, signaling that it would need nearly a $400 increase to return to the October 2025 levels.