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BNBARS surges by 130.71% in 24 hours, driven by powerful momentum and optimistic signals

BNBARS surges by 130.71% in 24 hours, driven by powerful momentum and optimistic signals

Bitget-RWA2025/09/06 09:45
By:CryptoPulse Alert

- BNBARS surged 130.71% in 24 hours to $1.19M, driven by strong market sentiment and bullish technical indicators. - On-chain metrics show reduced selling pressure, rising long positions, and a classic 50/200-period moving average bullish crossover. - RSI and MACD confirm upward momentum, with analysts predicting near-term strength despite persistent volatility risks.

On September 6, 2025, BNBARS surged by 130.71% in a single day, reaching a value of $1,193,069—a remarkable spike in a short timeframe. This jump is part of a broader uptrend, with gains of 211.38% over the past week, 171.87% over the last month, and an extraordinary 5994.91% increase over the previous year. Analysts attribute this dramatic growth mainly to robust market optimism and an overall bullish technical outlook.

BNBARS’s swift climb is largely supported by notable positive divergence in crucial on-chain data, reflecting a shift among investors towards accumulation and less selling activity. The increase in long positions and decreasing short interest have added fuel to the bullish momentum. Price movements have decisively moved past important resistance points, indicating that traders now view former peaks as new support levels, which further strengthens the upward momentum.

Technical signals are also lining up to confirm the trend. Both the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) are on an upward path, without any indications of being overheated. The 50-period and 200-period moving averages have recently converged, and the 50-period has now crossed above the 200-period—a classic sign of a bullish trend. Based on these technical readings, experts expect continued momentum in the short term, though they note that price swings may persist.

To evaluate the possibility of ongoing gains, traders are relying on several key technical indicators that have historically influenced BNBARS’s price movements. The alignment of bullish signals across various timeframes has bolstered confidence in the asset’s ongoing rally. Historically, such technical confluence—especially when combined with higher trading volume and strong on-chain activity—has pointed to pattern continuations.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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