Category: Crypto News, News

Binance Coin (BNB) Price Prediction for July 10 — TradingView News

The situation on the market remains the same as most of the coins are in the green zone, according to CoinMarketCap. CoinMarketCap”>

BNBUSD

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The rate of Binance Coin (BNB) has risne by 1.2% over the last day.TradingView”>

On the hourly chart, the price of BNB is in the middle of the narrow channel, between the support of $668,45 and the resistance of $673,21. 

As most of the daily ATR has been passed, there are low chances of seeing sharp moves by tomorrow.TradingView”>

On the longer time frame, the rate of the native exchange coin has bounced off the resistance of $674. If the daily bar closes far from that mark and with a long wick, there is a chance of witnessing a correction to the $665 zone.TradingView”>

From the midterm point of view, one should focus on the weekly candle closure in terms of the $673.43 level. If it happens around it or above, the accumulated energy might be enough for an ongoing upward move to the $700 area.

BNB is trading at $671.10 at press time.

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