Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Most of the coins keep trading in the green zone, according to CoinMarketCap.
BNB/USD
The rate of Binance Coin (BNB) has increased by 1.87% over the last 24 hours.
On the hourly chart, the price of BNB has broken the local resistance of $719.88. If buyers can hold the gained initiative, the upward move is likely to continue to the $730 zone.
On the daily time frame, the rate of the native exchange is on its way to the resistance of $732.11. If a breakout happens, the accumulated energy might be enough for a move to the $760 range.
From the midterm point of view, one should pay attention to the interim zone of $760.
Denys SerhiichukIf buyers' pressure continues, one can expect a test of the resistance of $793.86 shortly.
BNB is trading at $721.49 at press time.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Yuri Molchan
Dan Burgin
Vladislav Sopov