According to CoinStats, some cryptocurrencies have seen a decline, but the Binance Coin (BNB) has increased by 1.45% in the past day. On the hourly chart, BNB is approaching a resistance level of $561, and if the daily bar closes around this mark, it may continue to rise towards the $565 zone. On a larger time frame, the key level to focus on is $559.7, as if the bulls maintain control and the candle closes around or above this level, there may be enough momentum for the price to reach the $580 area. In terms of the midterm outlook, BNB is currently not near any significant support or resistance levels. If the weekly bar closes around $560, it is predicted that BNB will see sideways trading within the range of $550 to $600 in the coming days. The current price of BNB is $560.9.



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