Coin

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Bulls are trying to get back in the game, according to the <a href="https://u.today/bitcoin-btc-price-analysis-for-july-18" rel="noopener noreferrer nofollow">CoinMarketCap ranking</a>. 
<img alt="Top coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="9536ca30-9850-4814-ac9d-f4237d8158a3" src="https://u.today/sites/default/files/inline-images/top10_552.png"> 
Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a> 
<h2 id="bnb-usd">BNB/USD</h2> 
The rate of Binance Coin (BNB) has increased by 0.21% over the last 24 hours. 
<img alt="BNB/USD chart by TradingView" data-entity-type="file" data-entity-uuid="1945a204-fdec-46e6-83f3-793f1745a951" src="https://u.today/sites/default/files/inline-images/bnb1_33.png"> 
Image by <a href="https://www.tradingview.com/symbols/BNBUSD" rel="noopener noreferrer nofollow">TradingView</a> 
On the local chart, the rate of Binance Coin (BNB) is rather more bearish than bullish as the price is near the support level. If the closure occurs below the $240 zone, the breakout may lead to the test of the $235 area shortly. 
<img alt="BNB/USD chart by TradingView" data-entity-type="file" data-entity-uuid="6e39c9e9-4aed-4e59-98e8-5f35400dc011" src="https://u.today/sites/default/files/inline-images/bnb2_33.png"> 
Image by <a href="https://www.tradingview.com/symbols/BNBUSD" rel="noopener noreferrer nofollow">TradingView</a> 
On the bigger time frame, the situation is neither bearish nor bullish as the rate is in the middle of a wide channel. In this case, ongoing consolidation in the range of $235-$245 is the more likely scenario until the end of the month. 
<img alt="BNB/USD chart by TradingView" data-entity-type="file" data-entity-uuid="e135cacf-6061-4d98-92a1-0f746e47a7cb" src="https://u.today/sites/default/files/inline-images/bnb3_31.png"> 
Image by <a href="https://www.tradingview.com/symbols/BNBUSD" rel="noopener noreferrer nofollow">TradingView</a> 
A similar situation can be seen on the weekly time frame as none of the sides has seized the initiative yet. 
<a href="https://u.today/doge-and-shib-price-analysis-for-july-18" rel="noopener noreferrer nofollow">card</a> 
In addition, the volume keeps falling, which means that BNB needs more time to accumulate energy for a sharp move. 
BNB is trading at $241.1 at press time.

Binance Coin (BNB) Price Analysis for July 18

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