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BNB targets $1k after setting a new ATH; Check forecast

Key takeaways

  • Binance’s BNB has set a new all-time high price of $962.
  • The coin could hit the $1k mark for the first time in history as market conditions remain bullish.

BNB sets a new all-time high of $962

BNB, the native coin of the Binance ecosystem, has been one of the best performers in recent weeks. The coin is up by more than 2% in the last 24 hours and has hit a new all-time high of $962.

At press time, BNB is trading at $952 as it slightly retraces from the all-time high price. However, it could rally higher towards the $1k psychological mark in the coming hours or days. Hitting the $1k mark could push BNB’s market cap towards $140 billion as it remains the 5th-largest cryptocurrency by market cap. 

With the Fed rate decision expected to be positive later today, BNB could record higher gains in the near term. BNB’s strong performance is supported by Binance’s position as the largest cryptocurrency exchange in the world. The crypto exchange processes over $20 billion in daily trading volume, which is nearly 5x that of the second-place Bybit.

BNB eyes $1k as market conditions remain bullish

The BNB/USD 4-hour chart is bullish but inefficient, suggesting that price could sweep liquidity to the downside before rallying higher. The bullish trend comes as BNB rallied to a new all-time high a few hours ago.

The RSI of 67 shows that BNB is within the positive region but is still not overbought, suggesting further room for growth. The MACD lines are also within the positive territory, indicating that buyers are currently in control of the market.

BNB/USD 4H Chart

If the bullish trend continues, BNB could surge to a new all-time high of $1k over the next few hours or days. An extended bullish run could see it attempt to hit the $1,100 mark for the first time in its history.

However, if BNB undergoes a correction following its recent rally, it could drop to the nearest TLQ and support level at $911. Failure to defend this support level could see BNB drop to the $870 region.

The post BNB targets $1k after setting a new ATH; Check forecast appeared first on CoinJournal.

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SUI price forecast amid Google AP2 partnership news and Tuttle Capital ETF filing

  • Google picks Sui for its new AI-driven payments protocol.
  • Tuttle Capital launches ETF series for SUI, LTC, and BONK.
  • SUI price must hold $3.47 support to target $3.73 and higher levels.

The Sui price has gained renewed momentum in recent days, driven by a series of developments that have firmly placed it in the spotlight.

From its selection as a launch partner for Google’s Agentic Payments Protocol (AP2) to the unveiling of new exchange-traded funds tied to SUI, the cryptocurrency’s market sentiment is heating up.

Combined with technical signals pointing toward heightened volatility, eyes are now on whether the token can sustain its current rally and push into higher price territory.

Google partnership sparks optimism

Sui’s most prominent catalyst is Google’s decision to name the blockchain as a launch partner for its Agentic Payments Protocol.

The AP2 framework is designed to enable artificial intelligence agents to handle financial transactions and payments on behalf of users.

The partnership has instantly boosted SUI’s profile as a blockchain positioned at the intersection of AI and finance.

Following the partnership announcement, the token’s price jumped nearly 4%, outpacing the broader market.

Trading activity also surged, with the daily volume rising to more than four times its average, an indication that institutional players may be building positions.

Even after the hype caused by the news, the price of SUI has managed to stay above the key $3.50 level, a sign of strength in the face of broader market uncertainty.

SUI ETF filing fuels institutional interest

Adding to the momentum, Tuttle Capital has filed for an “Income Blast” ETF series, which includes Sui alongside Litecoin and Bonk.

Turttle Capital Income Blast ETF series

The availability of an ETF product provides traditional investors with an accessible entry point to gain exposure to SUI without directly holding the token.

The filling, first revealed on September 12, fueled a price surge of more than 3% for SUI, Litecoin, and Bonk as traders reacted to the potential for broader institutional adoption.

Notably, this new product strengthens the bullish case for Sui by bridging retail and institutional markets.

ETF approval and launch are often viewed as turning points for digital assets, as they expand market reach and add legitimacy in the eyes of traditional finance.

SUI technical analysis reveals critical levels to watch

Beyond the headlines, market analysis reveals some technical levels that could determine SUI’s short-term direction.

According to analysis by CoinLore, the token must hold above $3.47 to maintain its current momentum.

A break above the first major resistance at $3.73 could open the door to $3.93, with a third ceiling at $4.24.

However, losing support at $3.47 could send the price back to $3.19, a level that would likely test the confidence of recent buyers.

Traders are also paying attention to volatility indicators. CryptoBullet, a widely followed analyst, highlighted that Bollinger Bands on SUI’s weekly chart are now the tightest in the token’s history.

According to CryptoBullet, previous squeezes at similar levels preceded explosive rallies of 253% and 404%.

Based on this pattern, CryptoBullet expects another sharp breakout, projecting a potential 150% to 200% move upward if momentum holds.

SUI price outlook

Technical signals suggest the token is approaching an inflexion point, with volatility building and key resistance levels in sight.

If SUI can maintain support above $3.47 and break through $3.73, traders may see it climb toward $4 and beyond in the coming weeks.

The Google AP2 partnership gives it a unique role in the future of AI-driven financial services, while the Tuttle Capital ETF launch enhances institutional visibility and access.

And with the fundamental analysis aligning with the technical analysis, the token is positioned for a potentially decisive breakout that could define its trajectory into the next quarter.

The post SUI price forecast amid Google AP2 partnership news and Tuttle Capital ETF filing appeared first on CoinJournal.

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Bitcoin leads rally amid Fed rate cut hopes, major ETFs boost crypto outlook

  • Bitcoin rallies over 4%, fueled by hopes of a Fed rate cut.
  • Solana, Dogecoin, and XRP gain momentum on upgrades and ETF excitement.
  • Token unlocks and Fed easing are set to reshape crypto markets this quarter.

Crypto markets woke up on Wednesday with a spring in their step, charging higher as investors braced for a major central bank event.

Bitcoin set the pace, rallying over 4% to clear the $116,000 mark, fueled in large part by growing bets that the US Federal Reserve is finally ready to deliver an interest rate cut on Wednesday.

As rate-cut speculation took center stage, Bitcoin’s market cap soared to well over $2 trillion, cementing the number-one crypto’s dominance after weeks of volatile swings.

Markets eye Fed-driven breakout

Ethereum, the world’s top smart-contract platform, held strong above the $4,500 threshold. Investors have been piling into ETH on prospects for a supply squeeze, as well as ongoing accumulation by institutional players positioning ahead of the Fed’s meeting.

Traders argued that a successful breakout above the stubborn $4,800 technical resistance could spark a new phase of risk-on flows across crypto, especially if macro conditions cooperate in the coming weeks.

Solana added even more energy to the rally, gliding near $240, as a string of protocol upgrades and surging developer momentum fueled optimism about the network’s long-term prospects.

Major exchanges reported large spot inflows, and Solana’s rapid-fire transaction speeds kept it in the conversation as a serious contender among the leading altcoins.

Meme-friendly Dogecoin, ever the wild card, hovered around $0.27, down slightly on the day, but still up more than 100% from a year ago.

Increased social activity and new integrations have helped Dogecoin keep its playful reputation, as trade volumes remain lively whenever the broader market shifts.

Meanwhile, XRP is holding just under $3, stuck in a tight range as markets anxiously anticipate the launch of the first US spot XRP ETF on September 18.

Speculation around the ETF’s potential inflows and its possible effect on price has helped XRP stay in focus despite the broader sector’s roller-coaster action.

Technical watchers say a rally through $3.18 could unleash a new round of bullish momentum for Ripple’s token.

Crypto industry poised for Q4 shakeup

It isn’t just price charts and volatility levels dictating sentiment this week: all eyes remain locked on Washington as the US Federal Reserve kicks off its most consequential policy meeting in recent memory.

With inflation trending lower and unemployment ticking up, markets broadly expect Fed Chair Jerome Powell to announce a 25 basis point rate cut, the first since 2020.

For crypto, where high-growth bets are directly tied to easier money, the Fed’s pivot could drive a decisive shift in market psychology.

“Fed easing typically gives permission for the crypto rally to keep going,” said one strategist.

Many in the industry expect fresh liquidity to spark increased inflows, particularly into blue-chip tokens like Bitcoin and Ethereum, and may even encourage more institutional adoption as risk appetite returns.

Away from the Fed drama, September is seeing a tidal wave of token unlocks, as over $4.5 billion in coins come into circulation across high-profile projects like Sui, Aptos, Ethena, and Arbitrum.

While some worry about the impact of new supply, others view it as a crucial stress test for market depth and investor demand.

Finally, excitement around the pending debut of the first US-based spot XRP ETF may mark a turning point for altcoins.

If the ETF attracts robust inflows, along the lines of Bitcoin and Ethereum ETFs launched earlier this year, it could shift the narrative and trigger sustained price rallies in the sector.

The post Bitcoin leads rally amid Fed rate cut hopes, major ETFs boost crypto outlook appeared first on CoinJournal.