Category: Crypto News, News
Binance Coin (BNB) Price Prediction for August 5 — TradingView News
The rates of all coins from the top 10 list are going up today, according to CoinStats.CoinStats”>
The price of Binance Coin (BNB) has gone up by almost 1% since yesterday.TradingView”>
On the hourly chart, the rate of BNB is on its way to the local resistance of $769.79. If the daily bar closes near that mark, traders may witness a level breakout, followed by growth to the $780 area.TradingView”>
On the longer time frame, the price of the native exchange coin is far from support and resistance levels. In this case, one should focus on the interim zone of $770.
If it breaks out, there is a possibility of seeing a test of $790-$800 range.TradingView”>
From the midterm point of view, there are no reversal signals yet. If the weekly candle closes below $740, the decline is likely to continue to the $700 mark.
BNB is trading at $764.88 at press time.
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