LIVEHas price of Binance Coin (BNB) reached its local peak by now?
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On the hourly chart, the rate of BNB is approaching the resistance of $366.8. If the daily bar closes around that price, the growth may continue to the $370-$375 area on the weekend.
A different picture can be seen on the daily time frame. The rate of BNB has made a false breakout of yesterday's candle peak. If it happens far from that mark, sellers may locally seize the initiative, which might lead to a correction to $350.
From the midterm point of view, the price has broken the $338.3 level. Until it is above that level, buyers keep controlling the initiative on the market.
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