The Binance Price has made a significant breakthrough, surpassing its all-time high and entering uncharted territory. With a price exceeding $700, technical indicators suggest a continued upward trend, potentially reaching $1,100 with increasing momentum.
Key Developments and Technical Analysis
Binance (BNB) has officially entered the Blue Sky Breakout phase, having convincingly broken through its all-time high and surpassed a multi-year resistance area. This breakthrough has been confirmed on the monthly candlestick chart, demonstrating decisive strength and not just a fleeting outbreak.
The move has propelled BNB past the Fibonacci extension resistance, where it continues to consolidate while maintaining bullish control. On September 8th, Binance reported a record $6.2 billion in StableCoin inflows, the highest one-day intake of 2025, adding another dynamic to the market mood.
Technical Points and Projections
BNB’s all-time high breakthrough has clarified its several-year trajectory, publishing new record highs. The critical level at $700 is crucial, as long as the price remains above this region, the bullish structure remains intact. Fibonacci projections and the bullish structure indicate further upside, with an extension target at $1,100.
The withdrawal above $700 marks a decisive shift in BNB’s market structure. Historically, this level acted as resistance, but the outbreak above it has now turned the area into support. From a technical perspective, the strength of this move shows that buyers have control over higher time frame diagrams, with consecutive higher highs and higher deep stalls.
Bnbusdt (1m) -parchment, source: trading view
In addition to the technical developments, Binance Pay has been integrated into Zapper’s network of over 31,000 merchants, enabling daily QR code transactions to become crypto ramps and further embedding digital assets into daily expenses.
The concept of a Blue Sky Breakout is fitting for the current BNB trajectory. In such breakouts, there is effectively no historical resistance to cap the price until sellers intervene and determine a structural rejection. Since no major correction phase has occurred, the market remains inclined towards further expansion.
Volume has also played a role in validating the breakout. The persistent buy interest at these increased levels has underpinned the move, reducing the likelihood of an immediate reversal. If the volume does not decrease significantly or a correction phase develops, BNB is expected to remain on course for the $1,100 Fibonacci extension target.
Upcoming Price Campaign Expectations
BNB is positioned to extend its rally to $1,100, provided the impulse is maintained. Short-term corrections are likely to be shallow, with strong demand from buyers supporting the price action. A structural rejection for or near $1,100 would be the first real test of this breakout phase.
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