Latest Bancor (BNT) Price Analysis

By CMC AI
09 November 2025 04:03PM (UTC+0)

Why is BNT’s price up today? (09/11/2025)

TLDR

Bancor (BNT) rose 3.65% in the past 24h, diverging from its 7-day (-5.25%) and 30-day (-18.21%) downtrends. The move slightly outpaced the broader crypto market (+2.32%) amid mixed technical and fundamental drivers.

  1. Technical Rebound – Oversold conditions and bullish divergence on key indicators.

  2. Market Alignment – Outperformance vs. stablecoin-focused DEX peers in a risk-neutral environment.

  3. Delisting Aftermath – ProBit’s October 24 delisting failed to trigger further selloffs, suggesting exhaustion.

Deep Dive

1. Technical Rebound (Mixed Impact)

Overview: BNT’s RSI-7 (38.11) and RSI-14 (37.58) exited oversold territory (<30) on November 8, coinciding with a break above the 7-day SMA ($0.528). The MACD histogram (-0.00366) shows slowing bearish momentum.

What this means: Short-term traders likely capitalized on oversold signals, but the 200-day SMA ($0.664) remains a distant resistance. Volume fell 28% during the rally, questioning sustainability.

What to watch: A sustained close above the 30-day SMA ($0.581) could signal trend reversal; failure may retest the October low ($0.471).

2. Market Positioning (Neutral Impact)

Overview: BNT’s 24h gain outpaced rivals like Curve (-0.8%) and Balancer (+1.2%), despite Bancor ranking outside the top 100 DEXs by volume ($378k daily vs. Uniswap’s $3.8B).

What this means: The bounce reflects sector rotation rather than protocol strength – DeFi’s TVL grew 2.1% weekly, but Bancor’s TVL ($58M) remains 98% below its 2021 peak.

3. Delisting Absorption (Bullish Catalyst)

Overview: ProBit Global’s October 24 delisting initially caused a 9% drop, but BNT has since stabilized. Withdrawals remain open until November 24, reducing immediate sell pressure.

What this means: Markets may have priced in reduced liquidity access, with remaining holders showing resilience. However, 51% of BNT’s circulating supply is held by top 10 wallets, amplifying volatility risk.

Conclusion

BNT’s rebound appears driven by technical factors and sector momentum rather than protocol developments. While the MACD convergence and RSI reset offer short-term optimism, the lack of volume conviction and ongoing delisting overhangs suggest caution.

Key watch: November 24 ProBit withdrawal deadline – increased sell pressure could test the $0.50 support. Monitor DeFiLlama for TVL changes to gauge protocol health.

Why is BNT’s price down today? (04/11/2025)

TLDR

Bancor (BNT) fell 3.65% in the past 24h, underperforming the broader crypto market (-3.52%). The drop reflects exchange delistings, technical weakness, and sector-wide risk aversion.

  1. Exchange Delistings (Bearish Impact)
    ProBit Global and CoinDCX removing BNT trading pairs, reducing liquidity access.

  2. Technical Breakdown (Bearish)
    Price below key moving averages with RSI signaling oversold conditions.

  3. DeFi Sector Pressure (Mixed)
    Ongoing Bancor vs. Uniswap patent lawsuit uncertainty weighs on sentiment.

Deep Dive

1. Exchange Delistings (Bearish Impact)

Overview:
ProBit Global announced on October 17, 2025, it will delist BNT on October 24, following CoinDCX’s June 2025 delisting. These moves reduce trading avenues for BNT holders, forcing sell-offs before liquidity vanishes.

What this means:
Delistings typically trigger short-term selling pressure as holders exit positions to avoid being stuck in illiquid markets. ProBit’s BNT/USDT pair handled ~$8.9M volume in the past month – its removal eliminates a mid-sized liquidity pool.

What to look out for:
Whether other exchanges follow suit, given BNT’s -25% 30d return and $61M market cap (ranked #500+).

2. Technical Breakdown (Bearish)

Overview:
BNT trades at $0.527, below all key moving averages (7-day: $0.578, 30-day: $0.612). The RSI14 at 33 signals weak momentum but not yet oversold, while MACD shows bearish crossover risks.

What this means:
Technical traders likely sold at the 50% Fibonacci retracement level ($0.601), accelerating the drop. The next support is the 78.6% Fib level at $0.527 – a breach could target the 2025 low of $0.471.

3. DeFi Sector Pressure (Mixed)

Overview:
Bancor’s patent lawsuit against Uniswap (filed May 2025) remains unresolved, creating regulatory uncertainty for DeFi protocols. Meanwhile, DEX sector TVL fell 9% MoM as Bitcoin dominance rose to 60%.

What this means:
Legal risks and capital rotation toward Bitcoin have marginalized smaller DeFi tokens like BNT. However, a favorable lawsuit outcome could reverse sentiment given Bancor’s claims to core AMM technology.

Conclusion

BNT’s decline stems from shrinking liquidity (delistings), technical breakdowns, and DeFi’s regulatory overhang. While oversold conditions might invite tactical buyers, the lack of immediate catalysts suggests caution.

Key watch: Can BNT hold the $0.527 support, or will delisting-related sell-offs push it toward $0.47? Monitor exchange wallet flows for signs of accumulation/distribution.

CMC AI can make mistakes. Not financial advice.