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The cryptocurrency market is trading sideways as neither bulls nor bears are dominating today.
Populiariausios monetos pagal CoinMarketCap
BNB / USD
The price of Binance Coin (BNB) is unchanged over the last 24 hours.
Vaizdas TradingView
On the local time frame, the rate has made a false breakout of the resistance at $306.4 against increased volume. If the daily bar closes above the $304 mark, the growth may lead to the test of $308-$310 zone tomorrow.
Vaizdas TradingView
On the daily chart, the rate of Binance Coin (BNB) has bounced off the support at $302.2. As there are no reversal signals yet, one can expect a sharp drop below the vital $300 zone. Thus, enough energy has been accumulated so far for such a move.
Vaizdas TradingView
From the midterm point of view, the rate of Binance Coin (BNB) is trading in the middle of a wide channel, between the support at $281 and the resistance at $350.
However, if a breakout of the $300 mark happens, the test of the lower level may take place within the next few days.
Spaudos metu BNB prekiauja 304.9 USD.
Šaltinis: https://u.today/binance-coin-bnb-price-analysis-for-may-25