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 coins keep rising, however, there are some exceptions, according to CoinMarketCap.
BNB/USD
Binance Coin (BNB) has gained a lot of value today, rising by 5.55%.
Despite today's rise, the price of BNB is looking bullish on the hourly chart. Traders should pay attention to the local level of $613.5.
Denys SerhiichukIf the daily bar closes above it, the growth is likely to continue to $625 tomorrow.
Bulls are also powerful on the bigger time frame. The rate is again above the vital zone of $600. If the candle closes around the current prices, there is a high chance of a test of the resistance of $635 by the end of the week.
On the weekly chart, Binance Coin (BNB) is approaching the recently formed level of $645.2. If buyers can hold the initiative and the bar closes with no long wicks, the upward move may lead to a test of the $700 area next month.
BNB is trading at $618.5 at press time.
Gamza Khanzadaev
Dan Burgin
Alex Dovbnya
Vladislav Sopov