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The prices of most of the cryptocurrencies keep growing, according to CoinMarketCap.
BNB/USD
The rate of Binance Coin (BNB) has increased by 2.42% over the last day.
On the hourly chart, the price of BNB is rising after a breakout of the local level of $608.40. If the daily bar closes above it, the upward move may continue to the $615 zone tomorrow.
On the daily time frame, one should pay attention to the level of $612.50.
Denys SerhiichukIf it breaks out, the accumulated energy might be enough for a test of the $640 range soon.
From the midterm point of view, one should pay attention to the candle's closure in terms of the important zone of $600. If buyers can hold the gained initiative, growth may continue to the $680 mark.
Binance Coin is trading at $613.70 at press time.
Mushumir Butt
Godfrey Benjamin
Dan Burgin
Vladislav Sopov
U.Today Editorial Team