Can bulls hold the rate of BNB above the $300 mark? Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX BinanceResearch BinanceAngels
Despite a slight fall, the rate of Binance Coin is trading near the local resistance level of $312.6. If buyers can hold the gained initiative, the breakout may lead to the bread, followed by the growth to the $315 zone.
On the daily time frame, Binance Coin keeps trading in a wide range, between the support at $302 and the resistance at $346.3.As none of the sides has seized the initiative, ongoing sideways trading around the $310 mark is the more likely scenario until the end of the week. On the daily chart against Bitcoin , the rate of BNB has once again made a false breakout of the support at 0.011415. If the current candle closes with no long wicks, the bounce back may continue to the 0.012 zone.
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