BNB Price Prediction: Can Binance Coin Extend Its Rally?

BNB price prediction searches are heating up as Binance Coin holds onto a structure that has now been tested close to five times without breaking down once. 

Every dip toward this line has been bought, and traders are watching closely to see if this rally has enough strength left to push toward fresh highs.

The breakdown below lays out exactly what would confirm the next leg, building on our earlier BNB price prediction today's coverage.. 

The levels described here apply strictly to the 1-hour timeframe covered and should be rechecked if the price closes beyond the stated range.

BNB Price Right Now

Open interest refers to the total value of BNB/USDT derivative contracts still open across exchanges, a rough gauge of active leveraged positioning.

Chart source: BNB/USDT 1-hour perpetual, TradingView, Binance data feed, captured August 3, 2026, around 2:33 PM IST. 

Market cap, volume, and supply figures from BNB market data on CoinGlass, captured the same day.

Methodology and Data Sources

This BNB price prediction uses the Binance Coin 1-hour chart on Binance via TradingView for price structure, with volume, open interest, and market cap figures from CoinGlass, and liquidation flow from CoinGlass's BNB liquidation tracker. 

Readers who want the wider monthly picture beyond this single setup can also check our BNB August 2026 scenario coverage.

All levels are treated as invalidated only on a confirmed candle close beyond the stated trigger, not an intraday wick. 

Since this setup is built purely off the 1-hour timeframe, it is worth rechecking once the price closes clearly above or below the range described below.

BNB Liquidation Data Today

Liquidation activity over the past hour leaned heavily toward longs, with $17.13K total liquidated, made up of $17.03K from longs and just $93.40 from shorts.

The 4-hour window shows the same lean, with $19.78K in total liquidations, of which $18.32K came from longs and $1.46K from shorts.

Over 12 hours, total liquidations reach $44.12K, with $38.41K from longs and $5.71K from shorts. 

Across the full 24 hours, liquidations hit $76.11K, with $39.58K from longs and $36.52K from shorts, a much tighter split than the shorter windows.

This long-heavy liquidation pattern lines up with $BNB grinding higher along its ascending trendline rather than reversing sharply.

Source: BNB liquidation data, CoinGlass, checked August 3, 2026, around 2:33 PM IST.

Key Takeaways

• Binance Coin is respecting a strong ascending trendline on the 1-hour chart, now tested close to five times.

• A hold from here with continued buying opens the door to $593.62 and then $603.07.

• Aggressive buying paired with Bitcoin strength could extend the move toward $633.15.

• A close below trendline puts $562.65 and $555.75 in view as the next support.

• Long liquidations have dominated the shorter windows, though the 24h window shows a tighter balance.

BNB 1-Hour Chart Outlook

On the 1-hour chart, Binance Coin has been respecting a strong ascending trendline through its entire recent upmove, with price finding buyers at the line almost every single time it gets tested.

This trendline has now been retested close to five times, and each test has held.

That kind of repeated defense tends to show real demand sitting under the market rather than a temporary bounce, a pattern also covered in our BNB target levels and risks outlook.

If it takes support from this trendline again and the rally continues, the next resistance to watch is $593.62, followed by $603.07. 

If buying turns aggressive and Bitcoin supports the move, $633.15 becomes the next resistance in play, a scenario we explored further in our BNB can price breakdown.

If instead Binance Coin breaks the trendline and closes below $562.65, that would put $555.75 in view as the next support.

BNB Technical Outlook Snapshot

$BNB Support and Resistance Levels to Watch

These levels track the ascending trendline structure described above, with the wider forecast picture covered separately in our Binance Coin 2027 outlook.

Risk-Reward Table

Invalidation Level

This $BNB price prediction stays constructive as long as Binance Coin holds above its ascending trendline and $562.65 on a closing basis. 

A confirmed close below line and $562.65 would shift the outlook and put $555.75 in view as the next support.

If $BNB continues to hold the trendline and pushes through $593.62, that keeps $603.07 and the extended $633.15 target in play, particularly if aggressive buying shows up alongside Bitcoin strength.

How Bitcoin Could Influence $BNB

This setup is based on Binance Coin's own 1-hour chart, but Bitcoin still tends to set the tone for how far a move like this one can extend. 

If Bitcoin holds firm or trends higher, it meaningfully improves the odds of $BNB reaching the more aggressive $633.15 target rather than stalling near $603.07.

A weaker Bitcoin tape raises the risk that Binance Coin loses the ascending trendline and slides toward $562.65 or $555.75. 

Many traders also watch Bitcoin dominance as a rough gauge of whether capital favors majors or altcoins, though this analysis does not track dominance figures directly and treats it only as general market context.

Planned Update

This $BNB market forecast will be revisited if Binance Coin confirms a close above $593.62 or below $562.65, or if fresh liquidation or volume data meaningfully changes the setup described here, a scenario also touched on in our BNB price prediction 2029 piece. 

The publish date will not be updated unless one of these material changes occurs.

BNB Glossary

Ascending Trendline: An upward-sloping line connecting successive higher lows, used to track support during an uptrend.

Open Interest: The total value of derivative contracts, like futures, that remain open and have not yet been settled or closed.

Liquidation: What happens when a leveraged trade gets forcibly closed because the trader ran out of margin to keep it open.

Retest: A move back down to a trendline or level to check whether it still holds as support.

CoinGabbar's Technical Analyst View

The repeated trendline defense is the standout signal on this Binance Coin chart, since price has now tested the same ascending line close to five times without a single confirmed breakdown. 

That kind of consistency usually points to steady demand rather than a fragile bounce.

If it holds support here and the rally continues, $593.62 and then $603.07 come into view, with $633.15 possible on aggressive buying alongside Bitcoin strength. 

A break and close below $562.65 would point to $555.75 as the next support in this BNB technical analysis.

Disclaimer

This  price prediction is based on technical chart analysis and market data available at the time of writing. Cryptocurrency markets are highly volatile, and prices can change rapidly. This content is for informational purposes only and should not be considered financial advice. CoinGabbar and the analyst do not hold a position in Binance Coin. Always do your own research and consult a qualified financial advisor before making any investment decisions.