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The market continues to set new local lows, second CoinMarkerCap.
BNB / USD
The price of Binance Coin (BNB) fell by 4.83% in the last 24 hours.
On the hourly chart, the price of BNB made a false discovery of the local support of $ 900. However, one must focus on the closing of the daily bar in relation to that mark. If it happens far from this, traders can expect a bounce to resistance.
On the longer time frame, there are no reversal signals yet. The rate of the native exchange currency continues to fall after a false discovery of the resistance of $1,007.
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However, if the daily candle closes far from its low, there is a chance to see local growth to the $950 range.
From the midterm point of view, the situation is similar. One should pay attention to the closest level of $860. If the bar closes below, the decline is likely to continue in the $750-$800 range.
BNB is trading at $915.65 at press time.
