The last day of the week is more bullish than bearish, according to CoinMarketCap.
Top coins by CoinMarketCap
BNB/USD
The rate of Binance Coin (BNB) has risen by 0.15% since yesterday.
Image by TradingView
On the hourly chart, the price of BNB is about to break the local resistance of $650.62. If a breakout happens, the upward move may lead to a test of the $655 range soon.
Image by TradingView
On the bigger time frame, the picture is also bullish.
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If the daily candle closes above the $651.51 level, the rise may lead to a test of the $660-$670 area next week.
Image by TradingView
From the midterm point of view, the situation is less positive. The price of the native exchange coin is far from the support and resistance levels. In this case, any sharp ups or downs are unlikely to happen shortly.
BNB is trading at $650.50 at press time.
