u.today
The crypto market is almost green today, according to CoinStats.
$BNB/USD
The price of Binance Coin ($BNB) has gone up by 0.89% over the last day.
On the hourly chart, the rate of $BNB is trying to fix above the local resistance of $899.80. If it happens, the accumulated energy might be enough for a further upward move to the $910 mark.
On the longer time frame, one should focus on the daily candle's closure in terms of the $904.86 level.
If its breakout happens, traders may witness a test of the $920-$940 range soon.
A less clear picture can be seen on the weekly time frame. The price of $BNB is within the previous bar, which means none of the sides has enough strength to seize the initiative. All in all, sideways trading in the range of $850-$950 is the most likely scenario.
$BNB is trading at $902.44 at press time.