Here’s Why The BNB Price Could Rally To $12,000 Before Ethereum - FaucetPayME News
bitcoin

Here’s Why The BNB Price Could Rally To $12,000 Before Ethereum

The BNB price is sitting below the spotlight that has surrounded Bitcoin, Ethereum, and Solana in recent months, but a new technical outlook suggests that this quiet phase may be exactly where the lar...

Here’s Why The BNB Price Could Rally To $12,000 Before Ethereum
The BNB price is sitting below the spotlight that has surrounded Bitcoin, Ethereum, and Solana in recent months, but a new technical outlook suggests that this quiet phase may be exactly where the larger setup is forming.  Kripto analyst Kripto Patel has predicted that BNB could be one of the biggest trades of the cycle, with a long-term chart target reaching as high as $12,000. BNB Is Repeating A Multi-Year Breakout Structure Most of the industry’s attention has been locked in the constant competition between Ethereum and Solana, but BNB has been quietly assembling a multi-layered technical and fundamental case that crypto analyst Kripto Patel believes points to a price target of $12,000.  Related Reading: BNB Price To Break $3,000? Kripto Trader Shares Game Plan For 500% Rally The $12,000 projection is bold, especially with BNB trading around $626. However, the Fibonacci structure on Kripto Patel’s BNB chart tells a longer story that supports this projection, alongside a few fundamental factors that are live on the BNB chain. The 3-week candlestick chart maps BNB’s full price history from its 2018 lows around $1.41, through the 2021 blow-off top above $662, and into the current price action. According to this setup, BNB is currently moving just above a broad support zone between roughly $300 and $600, with the analyst labeling the area as the best accumulation zone. The setup also includes Fibonacci retracement levels around $657 and $417 within the support zone. The outlook here is a bounce from any Fibonacci level that sends the BNB price to new all-time highs. The chart projects three upside targets from this base: Target 1 at $2,112, Target 2 at $5,000, and Target 3 at $12,000.  At the time of writing, BNB is trading at $626.5. Therefore, a move to $12,000 from the current price would require an increase of 1,895%.  BNB Chain Is Quietly Pulling In Tokenized Finance Giants A major reason behind Kripto Patel’s $12,000 price prediction is based on what is currently going on within the BNB Chain. Notably, recent updates have placed the BNB Chain in a position that is no longer termed only as a retail chain.  Related Reading: XRP Vs. Dogecoin ETFs: Which Of These Has Performed Better In April? Kripto Patel pointed to the presence of major tokenized finance products on BNB Chain, including BlackRock’s BUIDL, Franklin Templeton’s BENJI, and VanEck’s VBILL as examples. BNB Chain’s institutional finance page confirms that BlackRock’s BUIDL has been live on BNB Chain since 2025 through Securitize, providing qualified investors on-chain access to tokenized US dollar yields. The same institutional page also lists Franklin Templeton’s OnChain US Government Money Fund, BENJI, as part of the network’s tokenized finance stack Other fundamentals supporting ultra-bullish BNB price targets include the launch of the first 2x leveraged BNB ETF approved in the US, over 30 public companies building BNB treasury plays, over 31 million daily transactions, 40% of global stablecoin volume, and pending Spot BNB ETF applications from firms including VanEck and Grayscale, among a few others. Featured image from Adobe Stock, chart from Tradingview.com
Mesin Retensi

Start earning free crypto now

  • Bitcotask link rewards
  • Offerwalls and referral actions
  • Instant FaucetPay payout flow
Berita Terkait