BNB Price to $2,300? Analysts Reveal Where It Could Go Next

By Afe Funbi

Kraken

Key highlights:

  • Some analysts think BNB could still slide toward $500, while others believe a push toward $2,300 is still on the table. 
  • On the short-term chart, BNB is holding an important trendline, but momentum looks weak and it’s struggling to keep that support clean. 
  • The long-term structure hasn’t changed, and the macro trend still leans bullish despite the short-term uncertainty.

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BNB has entered one of its most interesting stretches in months. After running hard earlier in the cycle, the recent pullback has split analysts into two groups: those who think a major breakout is right around the corner, and those who believe BNB still has one more deep dip ahead. 

The charts shared by analysts Hardy, Crypto Patel, and Crypto Bruh tell three different stories, but together they show BNB approaching a major turning point.

Volatility is increasing, sentiment is mixed, and the market is looking for a direction. So, the question is straightforward: Does the BNB price prepare to push for $2,300, or does a drop first toward $700 occur, even $500?

The trend still points to $2,300 for the BNB price

Crypto Patel’s long-term weekly chart is easily the cleanest of the three, and it really helps cut out all the noise. 

When you step back and look at the bigger picture, BNB’s behavior starts to feel almost predictable. Every time the coin has spent a long stretch inside a wide accumulation zone, it eventually follows with a massive expansion. The first time, it exploded more than 2,500%, and in the next cycle it pushed another 233%.

This current consolidation fits that same pattern. Patel’s BNB chart shows a setup that could support a move toward $2,338 or even something much higher, with some projections stretching above $7,000 depending on how strong this cycle becomes. 

That’s why he keeps sticking to the same idea: the $2,300 target is still alive, and the long-term structure hasn’t been broken even after the latest dip.

He also highlights something important. Even if the BNB price drops into the $700–$500 zone, the broader bullish structure would still hold. Patel actually sees that area as one of the best discount opportunities of the entire bull run, if the market even gives traders that chance.

BNB’s short-term chart shows a classic breakout and retest

Hardy takes a very different angle, focusing on the shorter 3-hour trend. His chart shows the BNB price breaking out of a long downward trendline and then pulling back to retest it from above, a textbook bullish setup. 

Normally, this is exactly what you want to see before a new rally begins. But the retest wasn’t clean. The candle that followed rejected from the highlighted zone, and the BNB price pulled back again. 

Hardy still thinks this structure is constructive and says BNB may be setting up for a solid week, but he also makes one thing clear, the BNB price is sitting right on a major level of support, and it needs to hold. 

If it can maintain above this area, the momentum will quickly come back in, and if it breaks back down below it, the bullish scenario will diminish fast, which is why traders are focusing on this area at this point.

The bearish outlook sees the BNB price sliding toward $500

Crypto Bruh takes a much more cautious stance, and he’s pretty direct about it. He looks back at BNB’s previous cycles and notes that the coin has already gone through some big corrections in the past. One dropped around 71% over roughly two years, and another fell about 63% in less than a year. 

His latest chart indicates something similar might be happening again, which is why he thinks the BNB price could still slide toward the $500 area before a real bottom is in.

This doesn’t go against Patel’s long-term bullish outlook. It just adds the idea that the market might need one more shakeout before the next big move. In Bruh’s view, BNB can still rally later, but right now, it looks like it’s stuck in a slow bleed.

BNB is stuck between a breakout and a flush

When you put all three charts side by side, the picture becomes clearer.

Bullish Case:

The BNB price is completing a long accumulation range and has already broken out on higher timeframes. If momentum returns, the path to $2,300 opens quickly.

Bearish Case:

The BNB coin may still need a final correction into the $700–$500 demand zone, which aligns with past cycle patterns.

Neutral Case:

BNB may simply range between $800 – $1,000 until Bitcoin leads the next move. This is why traders consider BNB’s current range one of the most important of the cycle.

How traders are positioning right now

Traders are cautiously leaning in around the level of $800, yet the market remains reluctant.

Funding rates are level, volatility is contracting, and essentially all of the large participants are only waiting for an obvious sign to act. It is almost as if the markets are positioning in anticipation of a breakout, just not committed enough to go ahead and do it.

A lot depends on Bitcoin. If Bitcoin starts moving up again, BNB’s bullish setup comes back quickly. But if Bitcoin slows down, the BNB price could easily revisit the $700–$500 area before any real rally begins.

BNB is still holding its key trendline for now, but analysts think the price could swing in either direction from here. CoinCodex’s BNB price prediction puts the BNB price around $1,082.89 in the next three months, which would be a solid, steady move higher if the current structure continues to hold up.

Source:: BNB Price to $2,300? Analysts Reveal Where It Could Go Next