Bears turned to be stronger than bulls at the beginning of the weekend, according to Coinmarketca.
BNB/USD
The price of Binance (BNB) fell 0.62 % during the last day.
Despite today’s decrease, the BNB rate is approaching the local resistance of $ 599.99. If the daily tape is closed around this sign or higher, one can expect to test the $ 605 region soon.
In the larger time frame, the bulls or bears are not dominated. The size remains low, which means that there are low opportunities to see sharp movements soon.
Related
In this case, side trading in the region is $ 580 to $ 610 is the most likely scenario.
From the mid -term point of view, the position is similar to the original exchange rate rate away from the main levels. If the weekly candle is closed around the current prices, it is unlikely that traders will see an increase in volatility.
BNB is trading at $ 598.10 at the time of the press.
