The cryptocurrency world is abuzz with excitement as the rates of coins continue their upward trajectory in the second part of the week, according to CoinStats.
BNB/USD: The Native Exchange Coin That’s Making Waves
The price of Binance Coin (BNB) has gone up by a whopping 4.59% since yesterday. 🎉
Despite today’s rise, the rate of the native exchange coin keeps looking bullish on the hourly chart. 📈
If the breakout of the $728 resistance level happens, there is a possibility to witness a test of the $740 range. 🤑
On the longer time frame, there are no reversal signals yet. The volume remains high, which means buyers keep controlling the situation on the market. In this case, growth is likely to continue to the $750 zone at least until the end of the week. 🏆
From the midterm point of view, the price of BNB is approaching the $737 resistance. If the weekly bar closes around it or above, traders may expect growth to the next level of $793 by the end of the month. 🚀
At press time, BNB is trading at $722, leaving investors and traders alike with a sense of anticipation and excitement. 💸
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2025-07-17 19:01