BNB Price Forecast: Can BNB Break $1,300 After Hitting New Highs?

Highlights:

• BNB price has broken the resistance and is setting its eyes on $1,300 as the next hurdle.
• Altcoin strength is increasing as Bitcoin dominance declines to 56.6%, the lowest in seven months.
• Technical indicators reveal a firm control of buyers, but there are overbought signals of possible cooling.

The crypto market is riding on a bullish wave as the global market capitalization surges above $4 trillion, a level last seen in mid-August. The brief rally has seen the flagship asset, Bitcoin, climb above the $116k mark while Ethereum jumped above $4,700. Moreover, the fear and greed index has surged to 53 levels, indicating a neutral market sentiment.

Binance Coin has become one of the best-performing large-cap cryptocurrencies after recently hitting a new all-time high. As of this writing, the altcoin is exchanging hands at around $939 with a 24-hour gain of 3.50%. 

Over the past week, BNB price has displayed steady strength, surging from $860 to a high of $940, after which it faced a minor pullback. Moreover, its market cap and trading volume have climbed to $128 billion and $2.50 billion, respectively.

BNB Breaks Into New Bullish Territory

Binance Coin’s price broke through important resistance hours ago, sparking discussion among market experts. Momentum is building above $750 on the weekly chart. Analyst Ali Martinez said the move was part of a bigger bullish breakout.

$BNB in the middle of a bullish breakout! Target sits at $1,300. pic.twitter.com/C7WSAxHt8U

— Ali (@ali_charts) September 13, 2025

Currently, BNB price trades above $900, surging towards the $990 mark. The altcoin’s steady climb reflects improving sentiment since mid-2024. The analyst now sees the next huge resistance, close to $1,300, which might also prove a barrier for further upside. Still, the rally needs to remain above the $750 support to maintain the trend. Any slip below this point may test earlier ranges. However, the current structure of the chart indicates that buyers are still in control.

BNB Price Breaks Bullish Channel

Adding further to Ali’s forecast, BNB recently broke a textbook bullish channel pattern. Each bounce from support fueled constant moves to new highs. Leshka Eth now implies the asset has the potential to get closer to $1,200 and discusses a major technical achievement in its current trend.

$BNB broke perfect bullish channel pattern and no one's talking about it

Textbook continuation setup – every support touch led to new highs

Channel target: $1,200+ pic.twitter.com/M8g8K1zVul

— Leshka.eth ⛩ (@leshka_eth) September 12, 2025

In addition, the daily chart displays a steadily rising curve of demand supporting repeated rebounds. The most recent breakout above the upper boundary indicates bulls breaking through resistance. The analyst noted this move as strengthening the case for the $1,200 target and above.

Bitcoin Dominance Hits Seven-Month Low

Bitcoin dominance fell to 56.6%, its lowest level since February. Market experts point to this drop as a signal of capital flows in altcoins such as BNB. The move represents a massive outflow of funds from Bitcoin, which could have ripples in the markets.

🔥ALTSEASON INCOMING?

Bitcoin Dominance is breaking down! It's lowest level since February. pic.twitter.com/AqBApy0rxW

— Coin Bureau (@coinbureau) September 13, 2025

Earlier in May, Bitcoin’s dominance was around 65%. By September 11, it had dropped almost eight percentage points. That plunge represents a repositioning of capital by billions of dollars. Such transitions are often associated with an increase in volatility, especially in other crypto tokens.

Technical Analysis – Will BNB Price Rally Continue Further?

Technical analysis displays a steady uptrend in BNB’s price movement. The price is trading alongside the upper Bollinger band, indicating a robust bullish momentum. The immediate support for the BNB price is held at the middle band at $870. In case of a steep market correction, the support at $819 could hold to avoid further losses.

The Relative Strength Index (RSI) indicator is hovering around 70, indicating an overbought market. Furthermore, the RSI’s trend suggests that the buying pressure is solid as the selling pressure eases. Should the current trend hold, the BNB price could continue its rally and set a new all-time high.