Bulls are more powerful than bears at the end of the week, according to CoinStats.CoinStats”>

BNBUSD

The rate of Binance Coin (BNB) has gone up by 2.82% over the past day.TradingView”>

On the hourly chart, the price of BNB is falling after setting a local resistance of $643.94. As sellers’ pressure continues, there is a chance to see a test of the support by tomorrow.TradingView”>

On the bigger time frame, one should focus on the daily candle’s closure in terms of the $643.72 level. 

If it happens far from it, bears may seize the initiative, which may lead to a correction to $619.90.TradingView”>

From the midterm point of view, the situation remains bullish. If the weekly bar closes around current prices, one can expect a level breakout, followed by a test of the $660-$680 zone.

BNB is trading at $634.07 at press time.