Coinbase has added Binance Coin to its list of coins planned for inclusion, providing further momentum to the promising Binance Coin price prediction.
The move gives the altcoin access to Coinbase’s user base, which includes more than 105 million users, which would provide its trading to a large segment of investors in the US crypto market.
Coinbase follows Kraken in recently listing Binance Coin, extending an “olive branch” to a competing blockchain, evidence of growing market demand for the BNB chain’s base currency.
Commenting on the move, Changpeng Zhao, the former CEO of the Binance platform, pointed out that “not listing it is considered a loss for the platform itself”, praising Binance Coin’s strong liquidity, trading volumes and technical system.
In fact, this decision already seems strategic, because it concerns the BNB blockchain. More than 500 million transactions Over the past 30 days, we have seen a monthly increase of 151%, which may have prompted trading platforms to benefit from this momentum as the Binance blockchain is currently experiencing a “super boom cycle” driven by the launch of a wave of newly issued popular coins.
Binance Coin Price Expectations as It Seems to Reach New Price Levels Amid Growing Demand
Increased exposure to Binance Coin in US markets could increase the demand the coin needs to break out of the 15-month-old ascending triangle pattern.
Although the overall mood has turned negative after the break with last week’s market collapse, momentum indicators suggest the possibility of continuing the upward trajectory once again.
While the widening gap between the MACD trendline and its counterpart indicates the possibility of a continuation of the downtrend, the relative strength index (RSI) is showing signs of strength with a higher bottom than the previous one, suggesting strong buying pressure.
If this strength continues, a decisive trend change could lead to a refocus on breaking the $1,650 barrier and continuing to reach unprecedented levels allowing a jump start of up to a 40% range. If the price fails to penetrate it, it may retest the psychological $1,000 level, which provides a reliable temporary support zone.
In the long term, lower interest rates in the United States could boost risk appetite through 2026. With increased investment in meme coins, the price of Binance Coin could rise another 150% to $3,000 if demand pressures are stronger.
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