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Binance Coin (BNB)
Binance Coin
Long
Binance Coin (BNB)
By FXBANkthe8055
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Aug 16
2
Cheer
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Aug 16
Binance Coin (BNB) is less of a loser than ADA, falling by 2.57%.Image by TradingView
From the technical point of view, the price of BNB is in the middle of the narrow channel, gaining energy for a further move.
As none of the sides is dominating at the moment, ongoing sideways trading in the area of $510-$530 is the more likely scenario.
BNB is trading at $517 at press time.
Beyond Technical Analysis
Fundamental Analysis
Trend Analysis
FXBANkthe8055
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