The week is ending bullish for most of the coins, according to CoinMarketCap.
Top coins by CoinMarketCap
BNB/USD
The rate of Binance Coin (BNB) has risen by 1.51% since yesterday. Over the last week, the price has risen by 1.16%.
Image by TradingView
On the hourly chart, the price of BNB is near the local resistance of $873.80. If bulls can hold the gained initiative and the daily bar closes around $873 or above, the growth is likely to continue to the $880 mark.
Image by TradingView
On the bigger time frame, the rate of the native exchange coin is rising. However, the price is far from the support and resistance levels.
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As neither side is dominating, sideways trading in the range of $860-$880 is the more likely scenario.
Image by TradingView
From the midterm point of view, the picture is more positive for buyers. If the weekly bar closes near the $900 mark, traders may witness a resistance breakout, followed by an ongoing upward move.
BNB is trading at $871.40 at press time.
