Binance Coin (BNB) Price Prediction for March 23

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The market is slightly rising at the end of the week, according to CoinStats.

BNB chart by CoinStats

BNB/USD

The rate of Binance Coin (BNB) has fallen by 0.67% since yesterday, while the price change over the last week has made up +4.51%.

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On the hourly chart, the price of BNB is closer to the support than to the resistance. 

Related

Ethereum (ETH) Price Prediction for March 22

If sellers’ pressure continues, one can expect a breakout of the bottom level, followed by a further drop to the $615 mark.

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Image by TradingView

On the bigger time frame, traders should pay attention to the $643.72 level. Until it breaks out, there is a chance to see a decline to the $600 area. Such a scenario is relevant untli the end of the next week.

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Image by TradingView

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