Category: Crypto News, News

Binance Coin (BNB) Price Prediction for March 3 — TradingView News

The crypto market is going up at the beginning of the week, according to CoinStats.CoinStats”>

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BNBUSD

Unlike other coins, the price of Binance Coin (BNB) has dropped by 0.6% over the last day.TradingView”>

On the hourly chart, the rate of BTC has made a false breakout of the local support level of $597.73. If bulls’ pressure continues, one can expect a test of the resistance by tomorrow.TradingView”>

On the bigger time frame, the price of the native exchange coin is far from key levels. 

If the daily bar closes near the $600 mark, sideways trading in the narrow range of $590-$620 is the more likely scenario.TradingView”>

From the midterm point of view, there are no reversal signals yet. If the breakout of the $600 area happens, one can expect a test of the $550 zone soon.

Binance Coin is trading at $604.86 at press time.

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