Most of the coins are going down today, according to CoinStats.
BNB/USD
The rate of Binance Coin (BNB) has gone up by 1.43% over the last day.
On the hourly chart, the price of BNB has made a false breakout of the local resistance level. However, one should focus on the daily bar’s closure.
Related
If it happens around it or above, the rise may continue to the $640 mark tomorrow.
On the bigger time frame, the level of $643.72 plays a key role in terms of further moves. If the rate fixes above it, the accumulated energy might be enough for a blast to the $660-$680 zone.
From the midterm point of view, none of the sides is dominating as the rate of BNB is far from crucial levels. In this case, ongoing sideways trading in the range of $620-$680 is the most likely scenario.
BNB is trading at $635.41 at press time.
