The post Can Binance Coin Reach $1000 while JetBolt Rally Intensifies appeared on BitcoinEthereumNews.com.
SPONSORED POST* BNB hit a new all-time high of $722 on December 4, but increasing bearish momentum now challenges its path forward to $1000. Indicators like BNB’s Average Directional Index (ADX), which spiked from 12 to 31, suggest growing selling pressure, with critical support levels at $647 and $622 in focus. While BNB navigates its support levels, JetBolt (JBOLT)’s rally intensifies, with its presale crossing 200 million tokens sold. Built on the Skale blockchain, JetBolt’s use of Zero-Gas Technology and user-first features are turning heads, offering a seamless take on practical blockchain solutions. This has left many crypto enthusiasts wondering: Can BNB reach the coveted $1000 mark? And will JetBolt’s momentum change the next generation of altcoins in the coming year? Let’s find out. Can Binance Coin Hit $1,000 in 2025? BNB, the native token of Binance, has been quietly consolidating above $720, holding its position as the fourth-largest cryptocurrency by market cap. Despite broader market volatility, recent developments suggest BNB could be gearing up for its next big move. Some BNB traders speculate the token could possibly hit the $1,000 milestone in 2025. While BNB did reach a new all-time high on December 4, it now faces mounting bearish momentum. Several technical indicators, including a surge in the Average Directional Index (ADX) to 31 from 12 the day before, suggest BNB’s current downtrend could continue in the short term. Trading below the Ichimoku Cloud and forming a “death cross” on the EMA lines, BNB is seeing increasing selling pressure, with support levels at $647 and $622 being closely monitored. BNB exhibiting bearish patterns for December 2024. Source: Tiago Amaral Despite these headwinds, BNB remains integral to Binance’s ecosystem, fueling everything from transaction discounts to DeFi integrations. The recent milestone of over $2.4 billion in 24-hour trading volume demonstrates continued…