Coin

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 Cover image via <a href="https://u.today/">U.Today</a>
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Bears are trying to hold the gained initiative, according to the <a href="https://u.today/shib-price-analysis-for-july-6">CoinMarketCap ranking</a>.
<img alt="Top 10 coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="13113ebe-2169-48ce-9d41-1b1637dbd597" src="https://u.today/sites/default/files/inline-images/top10_532.png">
Top coins by<a href="https://coinmarketcap.com/"> CoinMarketCap</a>
<h2 id="bnb-usd">BNB/USD</h2>
The rate of Binance Coin (BNB) has fallen by 1.41% over the last 24 hours.
<img alt="BNB/USD chart byTradingView" data-entity-type="file" data-entity-uuid="168179aa-3ef1-4c5d-b6ca-c6d5719c4694" src="https://u.today/sites/default/files/inline-images/bnb1_32.png">
Image by <a href="https://www.tradingview.com/symbols/BNBUSD">TradingView</a>
On the hourly chart, the price of Binance Coin (BNB) is trying to fix above the resistance at $235.3. If buyers can hold the price above that mark, the rise may continue to the $240 area.
<img alt="BNB/USD chart byTradingView" data-entity-type="file" data-entity-uuid="abdfb3a0-1da7-46dc-b034-dfee89b7db38" src="https://u.today/sites/default/files/inline-images/bnb2_32.png">
Image by <a href="https://www.tradingview.com/symbols/BNBUSD">TradingView</a>
On the bigger time frame, the price of BNB remains bearish as it is located closer to the support than to the resistance. However, if the candle closes far from the $232 mark, the bounce back may lead to the test of the $240-$245 zone shortly.
<img alt="BNB/USD chart byTradingView" data-entity-type="file" data-entity-uuid="37a17d20-7e97-408e-b077-e4540f7188cc" src="https://u.today/sites/default/files/inline-images/bnb3_30.png">
Image by <a href="https://www.tradingview.com/symbols/BNBUSD">TradingView</a>
On the weekly time frame, the rate has once again tested the resistance and continued the decline to the support level of $228.4.
<a href="https://u.today/doge-price-analysis-for-july-6">card</a>
If the bar closes near the $230 zone, traders can expect a sharp drop to $210.
BNB is trading at $235.3 at press time.

Binance Coin (BNB) Price Analysis for July 7

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