Is BNB the next Hidden Gem in short term?
$BNB trades at $892.59 USD as of December 8, 2025, with a slight daily decline of -0.24% but remains above its 200-day moving average of $860.81, signaling ongoing bullish structure.
Market cap stands at $130.22 billion, with 24-hour volume at $1.95 billion. Day’s range spans $891.48 to $912.58, while year highs and lows reach $1,376.64 and $503.12 respectively. 50-day moving average sits at $968.39, indicating short-term pressure but long-term support.
Technical Indicators
Weekly charts show a bullish engulfing pattern, with the 50-day MA rising below price for support and 200-day MA steadily increasing since May. MACD exhibits bullish crossovers on higher timeframes, while RSI around 56-65 signals building momentum without overbought risks. Daily EMAs place price below 20/50 but above 200, indicating medium-term weakness offset by long-term strength.
Support and Resistance
Key support holds at $860-$900, aligning with the 200-day MA and recent lows of $825 over 90 days. Resistance emerges at $920-$968, with breaks potentially targeting $1,000-$1,200 on volume spikes. Pivot zones between $942-$964 act as short-term decision points.
Upside Potential
Analysts forecast December highs up to $1,633-$1,653 if bullish patterns confirm, driven by Binance ecosystem growth and prior all-time highs near $1,371. A close above $920 unlocks $1,000+ targets, with year-end predictions around $1,153.
