Since Bitcoin of all time is approaching high, this top 5 token can have a path to the moon: analysis

The cryptomarkt runs high while “Uptober” realizes its historical promise. Bitcoin is floating near a new of all time, Ethereum pushes to $ 4,500 and filling altcoins on fire.

But one token is striking: BNB, previously known as Binance Coin, has risen by 24% in the past month and flashy technical signals that suggest that a Moonshot is suggesting up to $ 2,000 or a face -melting correction.

BNB is open today for $ 1,090.97 and closed at $ 1,157.05, which marked a solid daily profit of 6.06% after achieving a new all time. The intraday high from $ 1,168.39 shows that bulls have completely control, whereby token breaks through resistance levels, as they are made of paper.

By adding fuel to the rally, Kazakhstan’s newly launched Alem Crypto Fund made its first national reserve resistant assets this week, offering institutional legitimacy at national state level. In the meantime, BNB chain achieved a growth of the record Q3 with DEX volume rises 185% to $ 37.1 billion, powered by the Aster Dex who generated more than $ 29 million in daily costs.

But here things become interesting: BNB has been driving a powerful parabolic support line since the middle of the year. The graph shows clear parabolic progress – the kind that can produce explosive profits, but also tends to end with equally explosive corrections. Looking at the projection, if this process remains uninterrupted, BNB could act by almost $ 2,000 by 31 December, which may result in a further 67% profit of the current levels in the next 89 days.

That is of course if you trust that the planets are connected and the trend remains valid until New Year’s Eve.

The average directional index, or ADX, is 33, well above the critical 25 threshold that confirms a strong trending market. See ADX as your “trend strength – meter” – It does not give direction, alone whether there is a real trend. Under 20 you are in turbulent waters where false pimples are common. Above 25 you have momentum. At 33, BNB is firmly in trending territory, which means that settings and the retail trade go in the same direction, creating sustainable purchasing pressure that can bear the prices considerably higher.

However – and this is crucial – ADX measures strength, not sustainability. A strong reading can last until a trend exhausts and reverses, some whale whale dumps the coin, or a FUD episode leads to a flash crash. It is like a speedometer that shows that you are going quickly without telling you how much fuel remains.

The exponential advancing averages, or EMAs, paint an even better photo. These weighted averages attach more importance to recent price action, which identifies dynamic support and resistance. For BNB, the setup is textbook: the 50-day EMA rises under the current price of around $ 1,050- $ 1,070, which offers a pillow for pullbacks. The 200-day EMA is still lower and confirms the upward trend in the longer term.

When a shorter EMAS trade on top in the longer term such as these, traders see it as a good sign. This configuration suggests that money Bullishs is positioned over several timetables, from swing traders who look at the 50-day to long-term holders who focus on the 200 days. View the candlesticks on weekly timetables, and the gap between the two averages is also Bullish and increases over time.

Now the yellow light of the Semaphor:

The relative strength index measures the momentum on a scale of 0-100, with measurements above 70 considered ‘overbought’. BNB is on the edge of that danger zone on 76. One or two more strong days it pushes over 80, where algorithmic systems usually cause sales orders and make profit accelerates historically.

This is important because markets do not move in straight lines. BNB’s daily profit of 6% and 21% weekly span attract short -term traders who are looking for fast Flips. As soon as the momentum stalls – and it always stalls – the traders hurry at the same time at the outputs, creating violent corrections that wipe away lifting positions in minutes.

The candlesticks also started to show signs of extreme Fomo. A parabolic graph is already hyperbullish, but a parabolic graph in which the bodies of the newest candlesticks move faster than the support, is probably too good to be true. Common sense says there must be a correction for markets to find some balance.

The two scenarios: Moonshot vs. Meltdown

The Bullish Case is simple: if BNB holds its parabolic support line until the end of the year, the Hit list projection suggests a path to around $ 2,000. That is a profit of 67% for 89 days – ambitious but not impossible given the present momentum.

To play this, BNB needs:

1. Continued BNB chain growth and real-life applications that increase the economic value of BNB token (such as what Aster, the hyperliquid competitor and other protocols do);
2. More institutional adoption to inject liquidity (such as what Kazakhstan does);
3. Bitcoin holds above $ 115,000 and ideally pushes to a new all time (because Altcoins always follow the lead of Bitcoin); And
4. Zero large regulating curveballs from Binance or wider crypto regulation.

The higher path would see BNB above $ 1,168 high of today, consolidate about $ 1,200 and then push to $ 1,250- $ 1,300. That zone becomes the launch platform for $ 1500 and ultimately $ 2,000. Volume should confirm every breakout – if BNB tries to break $ 1,250 on the light volume, it is probably a false movement.

Scenario 2: The Correction Reality Check

Now for the cold shower. Parabolic progress is beautiful until they are not. They always require increasing buying pressure to maintain the process, and when that pressure fails, gravity takes over with a revenge.

At 77 BNB’s RSI is a strong week of breaking 80, where corrections usually activate. The parabolic structure itself is inherently vulnerable-as BNB even breaks under the rising support line, can be able to stretch in a short 20-30% correction while stop-loss trigger and profit-tags flood outputs.

Even with such a sharp correction, the overall trend can still be considered as long-term bullish, with prices that are still being traded above 50-day EMA.

Traders would consider this correction as healthy, so that token can consolidate profit and overbought conditions, which reduces RSI to the neutral 50-60 area. If $ 1,050 applies, Bulls keep control and the upward trend remains intact for another leg higher.

In this scenario, BNB would exchange sideways for weeks before trying another leg higher. The conservative goal of the end of the year becomes $ 900-1000 instead of $ 2,000-nog always excellent annual returns of 200%.

Choose your risk tolerance

For the BNB bull the path to $ 2,000 exists. Record BNB chain use, political approval, technical momentum and favorable macro challenges of the shutdown of the US government and creates the expectations of the FED rate -all create a plausible Moonshot scenario.

For the bear here is the Maar: the setup is more overbough than sustainable. The parabolic structure is vulnerable. RSI flirts of danger. And cryptom markets are notorious for violent reversations.

What can traders do on these conditions? If the possession of lower levels, traders can consider scaling take-profit, it tries according to the price movement (of $ 1,200, $ 1,250 and $ 1,300) while the rest are driven with a backlog. Fresh capital? Traders can wait for a withdrawal before they commit themselves, because they are not aware of not haunting parabolic movements at all time.

More advanced traders may be inclined to consider selling covered calls. Covered calls benefit from overbought, parabolic meetings – if the rally is maternity, keep the premium; If the price does indeed explode, your profit will be put off but protected against a sudden sale.

And for the informal observer: enjoy the ride. Parabolic rallies are beautiful until they are not, and in crypto the transition from “beautiful” to “brutal” can take place in hours.

Main levels to view:

Resistance:

BNB is in price discovery, so goals are only based on speculation, no data from the past

• $ 1,250 (Next technical goal and key fall level)
• $ 1,400 (access to $ 2,000 Moonshot in the most bullish scenario)

Support:

• $ 1,000 (great psychological support and parabola support)
• $ 900 (consolidation zone between June and September)