u.today
Bulls could not hold the initiative for long, and most of the coins are back in the red zone.
BNB/USD
The rate of Binance Coin (BNB) has declined by 1.02% over the last 24 hours.
BNB/USD chart by TradingView" src="https://cnews24.ru/uploads/7c8/7c87c865cb27a8ad917d59270afb78062c36a502.png" size="1818x855">
On the hourly chart, the price of Binance Coin (BNB) has broken the resistance at $336.3 against the increased volume. If buyers can hold the gained initiative, a further upward move to the $344 zone is possible tomorrow.
BNB/USD chart by TradingView" src="https://cnews24.ru/uploads/d84/d84def251879627d3f4e488776f4310f18df3604.png" size="1818x855">
Bulls are also powerful on the daily time frame. The rate is returning to the resistance recently formed by the false breakout. If the candle closes near the $340 mark, the rise may continue to the $350 area in the upcoming week.
BNB/USD chart by TradingView" src="https://cnews24.ru/uploads/321/321ed9d1fb5808c0b6d9f51aaf91eec8e8d3821f.png" size="1818x798">
The current weekly candle is about to close bullish with no long wicks, which means that buyers are ready for a midterm rise.
If the growth continues to the vital $350 mark and the price fixes above it, the accumulated energy might be enough for a blast to $400 by the end of the month.
BNB is trading at $339.2 at press time.