BNB Price Tumbles Even As Coinbase Prepares To List Rival Binance Coin

The BNB price edged down a fraction of a percent in the past 24 hours to trade at $1,181 as of 6:29 a.m. EST on trading volume that plunged 34% to $4.3 billion.

The Binance coin fell even as Coinbase unexpectedly added BNB to its official listing roadmap, a move that is a surprising nod to the flagship token of its biggest rival.

While the inclusion does not ensure an immediate listing, it shows intent and, some analysts say, a shift in Coinbase’s listing stance.

After the announcement, Changpeng Zhao (CZ) posted on X, calling on Coinbase to list more projects from the BNB Chain.

“I call on Coinbase to list more projects from BNB Chain,” CZ said. ”Binance has already listed multiple Base projects. I believe Coinbase has not yet listed any BNB Chain projects.”

Zhao said such a move would benefit exchanges and that he made the suggestion in the interest of ”openness and inclusiveness.”

With such a listing likely only a matter of time, will the price of the Binance coin soar?

BNB Price Action Shows a Strong Bullish Continuation Pattern

After months of steady accumulation and a clear breakout above the $1,000 psychological barrier, the BNB price continues to display strong bullish momentum.

The Binance Coin price recently reached an all-time high (ATH) of $1,376 before facing a brief correction, which has so far remained contained within a rising channel pattern.

Buyers appear to be defending the mid-channel region, using the $1,100–$1,015 support range to absorb selling pressure and maintain the uptrend.

BNB’s price currently trades around $1,181. The structure of the market suggests that the retracement was a healthy pullback within an ongoing bullish cycle.

Meanwhile, the Fibonacci retracement tool highlights key levels of interest, with the 0.382 retracement at $1,103 and the 0.5 level at $1,018 acting as crucial supports that align with the 50-day Simple Moving Average (SMA).

The 50-day SMA, which currently stands at $1,015.26, remains above the 200-day SMA at $766.40, confirming a strong bullish sentiment.

Binance Coin Price Prediction

The Relative Strength Index (RSI) for the Binance Coin currently sits around 54.34, suggesting neutral momentum after cooling off from previous overbought conditions. This indicates that BNB has room to build another leg up if buying pressure resumes.

If bulls manage to sustain BNB’s price above $1,100, the next upside targets lie between $1,207 and $1,376, followed by a possible move toward $1,570.

However, if bearish momentum re-emerges and the price falls below $1,015, a deeper pullback toward $934 or even $766 (the 200-day SMA) could occur before buyers step back in.