BNB price analysis
BNB (BNB A 605$) has stayed above the moving averages for the past few days, but the bulls have failed to challenge the $635 resistance.
The gradually rising 20-day EMA ($595) and the RSI above 58 suggest that the bulls have a slight edge.
The bulls will try to drive the BNB/USDT pair above $635. If they can pull it off, the pair may start the next leg of the uptrend toward $692.
On the contrary, if the price turns down from the overhead resistance and dives below the uptrend line, it will signal that the pair may extend its stay inside the range. The pair may then drop to $536 and subsequently to $495.
