Binance Coin Stalls at $789 Amid Broader Crypto Decline
Binance Coin (BNB) holds near $789 despite cooling short-term momentum on September 23, 2026. The broader crypto market has slipped 1.55% in 24 hours to $2.93 trillion, according to CoinGecko.
The daily chart for BNB remains bullish, with price above all three key moving averages. Price rides well clear of the 20-period EMA at $744.71, the 50-period at $699.73, and the 200-period at $667.92. This is a textbook bullish stack that signals buyers have controlled the tape for some time.
The daily RSI14 sits at 68.08, firmly bullish without being pinned at extreme overbought levels. The daily MACD confirms the read: the MACD line holds above the signal line with a positive histogram of 3.58. Momentum points up, but it is a steady grind rather than an explosive breakout.
The short-term momentum has stalled on the 1-hour and 15-minute charts. On the 1-hour chart, price sits at $788.37, just below the EMA20 at $790.05. The MACD line is flat at 0.9 versus a signal of 0.76, with a histogram of just 0.14. Traders are not aggressively buying or selling here; they are waiting for a clearer signal.