Binance Coin (BNB) Price Prediction for August 5
Main Idea
The article discusses the recent price movement of Binance Coin (BNB) and potential future price levels based on current trends.
Key Points
1. The price of Binance Coin (BNB) has increased by almost 1% since yesterday, reaching $769.79.
2. If the daily bar closes near $769.79, traders may see a breakout leading to growth toward the $780 area.
3. A breakout could potentially test the $790-$800 range, though no midterm reversal signals are present yet.
4. At press time, BNB was trading at $764.88.
Description
How far can current bounce back of Binance Coin (BNB) last?
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