The situation on the market remains the same as most of the coins are in the green zone, according to CoinMarketCap.
BNB/USD
The rate of Binance Coin (BNB) has risne by 1.2% over the last day.
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.Â
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As most of the daily ATR has been passed, there are low chances of seeing sharp moves by tomorrow.
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.
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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