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Bulls are trying to hold the initiative, and most of the coins remain in the green zone, according to <a href="https://u.today/bitcoin-btc-price-prediction-for-december-10" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img src="https://u.today/sites/default/files/inline-images/top10_1523.png" data-entity-uuid="64c12d40-7188-4321-9143-91ca2acfdd52" data-entity-type="file" data-caption="Top coins by<a href=&quot;https://coinmarketcap.com/&quot;> CoinMarketCap</a>">
<h2 class="text-align-justify" id="bnb-usd">BNB/USD</h2>
The rate of Binance Coin (BNB) has increased by 0.87% over the last 24 hours. <img src="https://u.today/sites/default/files/inline-images/bnb1_106.png" data-entity-uuid="8d167192-4e09-496c-a211-d09be0addd69" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/BNBUSDT&quot;>TradingView</a>">
On the hourly chart, the price of BNB has made a false breakout of the local resistance of $691.54. However, if the daily bar closes near that mark or even above it, growth may continue to the $700 zone tomorrow. <img src="https://u.today/sites/default/files/inline-images/bnb2_99.png" data-entity-uuid="d24f72f6-f65b-4fc5-96df-54e8610b14c8" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/BNBUSDT&quot;>TradingView</a>">
On the bigger time frame, the picture is less bullish. The rate of the native exchange coin is in the middle of the channel, between the support of $627.99 and the resistance of $750.01.
As none of the sides is dominating, ongoing sideways trading is the more likely scenario until the end of the week. <img src="https://u.today/sites/default/files/inline-images/bnb3_103.png" data-entity-uuid="6c285739-de62-4ce2-b50b-ed3b041df0b4" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/BNBUSDT&quot;>TradingView</a>">
From the midterm point of view, neither buyers nor sellers are dominating. If the weekly bar closes near current prices, traders may expect consolidation around $700 in the next few days.
BNB is trading at $690.70 at press time. <a href="https://u.today/binance-coin-bnb-price-prediction-for-november-11" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Binance Coin (BNB) Price Prediction for November 11

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