CandleFocus

Binance Coin (BNB) Price Prediction for December 3

According to CoinStats, the price of Binance Coin (BNB) has increased by 2.78% in the past day. The hourly chart shows that the rate of BNB has tested a local support level and may continue to grow, potentially reaching a resistance level by the end of the day. On the daily timeframe, BNB is trading sideways and accumulating energy for a potential future move, with consolidation in the $640-$670 range being the more likely scenario. The weekly chart shows a balance between buyers and sellers, but the rate of BNB is closer to the resistance level. If the upper line is broken, there could be a significant increase towards the key area of $700 and above. BNB is currently trading at $646.33.

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