BNB Smashes Rivals in Key Metrics—Price Primed for Breakout
Binance Coin isn’t just holding its ground—it’s lapping the competition. While other altcoins flounder, BNB’s exchange dominance, burn rate, and staking yields are flashing green. Traders whisper ’ATH incoming’ as the token coils for a potential surge.
Behind the scenes? A ruthless tokenomics machine that puts ’community-driven’ projects to shame. (Let’s be real—most DeFi tokens are Ponzi schemes with better PR.)
One question remains: When Wall Street finally ’discovers’ this outperformer, will they take credit for the rally too?
BNB price technical analysis
The weekly chart shows that BNB has been trading inside an ascending channel for several months and continues to hold above the 100-week Exponential Moving Average, a bullish sign indicating sustained upward momentum.
Crucially, BNB has been forming a cup-and-handle pattern, a widely followed continuation setup. The pattern’s upper resistance line is at $652, and the depth of the cup is estimated at 72%.
According to technical convention, the price target in a C&H setup is calculated by projecting the depth of the cup above its upper boundary. If this formation plays out, BNB could rally toward $1,121, a level that marks the next major upside target for bulls.