
**Binance Coin (BNB) Price Prediction for March 21**
As the cryptocurrency market continues to be volatile and unpredictable, it is essential for investors and traders alike to stay informed about potential price movements in top digital assets. In this article, we will focus on Binance Coin (BNB), providing our readers with a comprehensive analysis of its current situation and future prospects.
At the moment, BNB’s hourly chart indicates that the price has made a false breakout above the local resistance level. However, it is crucial to emphasize the importance of focusing on the daily bar’s closure. If the rate were to fix around or above this level, there is a possibility that the rise may continue tomorrow, potentially reaching $640.
On a more significant time frame, we have identified a critical level at $643.72, which plays a key role in determining future moves. Should the price stabilize above this point, it could potentially generate sufficient momentum to propel BNB towards the $660-$680 zone.
From a midterm perspective, neither side seems to be dominating the market as BNB’s rate is far from any decisive levels. As a result, ongoing sideways trading within the range of $620-$680 appears to be the most likely scenario in the short-term future.
As of this writing, BNB is trading at $635.41.
It is essential for traders and investors to remain vigilant about market fluctuations and potential changes in cryptocurrency trends. We will continue to monitor market conditions and provide updates on our findings.
Source: https://u.today/binance-coin-bnb-price-prediction-for-march-21