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The weekend has started with ongoing market growth, according to CoinMarketCap.
BNB/USD
The rate of Binance Coin (BNB) has risen by 1.84% over the last day.
Despite today's growth, the price of BNB is looking bearish on the hourly chart. The rate is going down after setting a local resistance of $929.33.
If a breakout of the support of $923.64 happens, the fall may continue to the $920 mark by tomorrow.
The rate of the native exchange coin has set a new all-time high at $929.90. If buyers can hold the initiative and the daily bar closes not far from that mark, the rise is likely to continue to new peaks.
From the midterm point of view, bulls are controlling the situation on the market. If the situation does not change by the end of the week, one may see a test of the $1,000 mark by the end of the month.
BNB is trading at $924.30 at press time.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team