Coin

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Bulls are trying to restore their lost positions, according to <a href="https://u.today/xrp-prediction-for-september-5" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="75d7e2df-78b3-4128-9d1a-f9c8d2ca105e" src="https://u.today/sites/default/files/inline-images/top10_1341.png">Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a>
<h2 class="text-align-justify" id="bnb-usd">BNB/USD</h2>
The price of Binance Coin (BNB) has risen by 0.84% over the last 24 hours. <img data-entity-type="file" data-entity-uuid="aa83c8cf-288d-4b90-bb13-4d993de80b3d" src="https://u.today/sites/default/files/inline-images/bnb1_91.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the rate of BNB has broken the local resistance of $508.10. If buyers can hold the gained initiative and the daily bar closes above that mark, the upward move is likely to continue tomorrow. <img data-entity-type="file" data-entity-uuid="a3cec652-7981-4c27-9837-8eb0909f4295" src="https://u.today/sites/default/files/inline-images/bnb2_85.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the daily time frame, the picture is bearish. The price is testing the support of $495.80. If it breaks out, traders may witness a sharp drop to the $470-$480 range soon. <img data-entity-type="file" data-entity-uuid="008facb4-89eb-467d-b3c3-98a8faa3b1e7" src="https://u.today/sites/default/files/inline-images/bnb3_90.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, there are no reversal signals yet.
If the weekly bar closes around the current prices, or below them, there is a chance to see a test of the support level of $454.80 within the next few days.
BNB is trading at $499.60 at press time.

Binance Coin (BNB) Prediction for September 6

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