April

Coin

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 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
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The cryptocurrency market is slightly rising, according to <a href="https://u.today/shib-price-prediction-for-april-22" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="82bdc7b8-ffdb-4937-b942-a3c9bdf0690d" src="https://u.today/sites/default/files/inline-images/top10_1072.png">Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a>
<h2 id="bnb-usd">BNB/USD</h2>
The rate of Binance Coin (BNB) has increased by 2% over the last 24 hours. <img data-entity-type="file" data-entity-uuid="84adfae3-bbfc-4655-ad36-8fb3dd06d312" src="https://u.today/sites/default/files/inline-images/bnb1%60.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
The price of BNB is in the middle of a wide channel, between the support of $599.6 and the resistance of $618.3. From the technical point of view, there are low chances to expect any sharp moves until the end of the day as most of the daily ATR has been passed.&nbsp;
&nbsp; <img data-entity-type="file" data-entity-uuid="6896662b-9518-4561-9b67-15339733bb4d" src="https://u.today/sites/default/files/inline-images/bnb2_74.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, neither bulls nor bears are dominating as the rate is far from the key levels. Such a statement is also assumed by the falling volume.&nbsp;
In this case, sideways trading in the zone of $600-$620 is the more likely scenario for the next few days. <img data-entity-type="file" data-entity-uuid="e9aeb881-58ea-4d29-8356-6d4bc952a938" src="https://u.today/sites/default/files/inline-images/bnb3_79.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the weekly chart, one should pay attention to the vital zone of $600. If the candle closes above it, traders may expect a test of the resistance level of $645.2 by the end of the week.
BNB is trading at $607.6 at press time.

Binance Coin (BNB) Price Prediction for April 23

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