Binance Coin (BNB) Price Analysis for July 17
Main Idea
Binance Coin (BNB) shows bullish trends with potential for further growth if key resistance levels are broken, despite a recent local price increase.
Key Points
1. Binance Coin (BNB) price increased by 4.59% since yesterday, maintaining a bullish outlook on the hourly chart.
2. A breakout above the $728 resistance level could lead to a test of the $740 range, with potential growth up to $750.
3. BNB is approaching the $737 resistance level; a weekly close at or above this level may signal further growth to $793 by month-end.
4. At press time, BNB was trading at $722.
Description
Can traders expect local drop from Binance Coin (BNB) by end of week?
$BNB
$1193.80
-10.97%
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