Sellers have locally seized the initiative, according to CoinStats.
![](https://cnews24.ru/uploads/bfa/bfa71808c1fec3c22e542a182c22e9c746e82cc0.png)
BNB/USD
Unlike other coins, the price of Binance Coin (BNB) has risen by 1.40% over the last 24 hours.
![](https://cnews24.ru/uploads/ba7/ba74a4717d3e066afb3e7e064c53c42639366a57.png)
On the hourly time frame, the rate of Binance Coin (BNB) is in the middle of the local channel, gaining energy for a further move.
As the price has passed most of its daily ATR, sideways trading in the area of $225-$230 is the more likely scenario until tomorrow.
![](https://cnews24.ru/uploads/715/715d9da84ee0bd108f0561a6ace3e3db39cac8c2.png)
On the bigger chart, the rate of BNB is neither bullish nor bearish as the rate is stuck between the support of $219 and the resistance of $231. In this case, consolidation in that range remains the more likely scenario for the next few days.
![](https://cnews24.ru/uploads/5f0/5f0e61b22200b74c4dc60eb2646870ac336caeab.png)
On the weekly time frame, closure above the level of $221.3 could play a key role in terms of further price moves. However, if the candle closes with a long wick, there is a chance to see a correction below the $220 zone.
BNB is trading at $224.5 at press time.