As to the CoinMarketCap rating, neither bulls nor bears are now in control.
BNB/USD
Over the past day, Binance Coin’s (BNB) speed has decreased by 6.76%.
The speed of Binance Coin (BNB) has set the support level at $253.9 on the native chart. The price is still too high, indicating that sellers may have started to adjust their positions. A bounce back to the resistance at $268.5 is likely to occur tomorrow if the value remains above the $250 area.
On the larger time-frame, the speed of BNB has examined the mirror degree at $253.3. In the intervening time, merchants ought to take note of the bar closure. If it occurs with non-long wicks, the drop could proceed to the $240-$250 space shortly.
After a breakout of the $300 area, bears have taken the lead in the midterm picture.
A $240 interim degree currently plays a significant role for consumers. Nothing can stop the drop to the assist level at $204.8 if they lose it.
At the time of publication, BNB is buying and selling at $258.2.
