Coin

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Sellers have completely gotten back in the game, according to the <a href="https://u.today/shib-price-analysis-for-august-17" rel="noopener noreferrer nofollow">CoinMarketCap ranking.</a> 
<img alt="Top coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="4ecf437c-0ecd-4888-95e4-aa7b6be61ff1" src="https://u.today/sites/default/files/inline-images/top10_605.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 fallen by 5.54% since yesterday. 
<img alt="BNB/USD chart by TradingView" data-entity-type="file" data-entity-uuid="488fb550-a256-4fa5-8ff9-ab40301534a7" src="https://u.today/sites/default/files/inline-images/bnb1_42.png"> 
Image by <a href="https://www.tradingview.com/symbols/BNBUSD" rel="noopener noreferrer nofollow">TradingView</a> 
The price of BNB is in the middle of the local channel, between the support at $213.5 and the resistance at $220.3. If today's bar closes near the $220 mark, bulls might seize the initiative, which can lead to a test of $224 tomorrow. 
<img alt="BNB/USD chart by TradingView" data-entity-type="file" data-entity-uuid="5fd07799-3dc5-49d7-8d8f-f2b6cbd3565d" src="https://u.today/sites/default/files/inline-images/bnb2_41.png"> 
Image by <a href="https://www.tradingview.com/symbols/BNBUSD" rel="noopener noreferrer nofollow">TradingView</a> 
Yesterday's dump has formed a local peak at $212.5. At the moment, traders are unlikely to see sharp moves. However, the rate of BNB does not have enough energy yet for a bounce back. 
All in all, sideways trading between the $215 and $220 mark is the more likely scenario for the next few days. 
<img alt="BNB/USD chart by TradingView" data-entity-type="file" data-entity-uuid="dcd5af79-000d-448d-899c-f1a4b0d38438" src="https://u.today/sites/default/files/inline-images/bnb3_40.png"> 
Image by <a href="https://www.tradingview.com/symbols/BNBUSD" rel="noopener noreferrer nofollow">TradingView</a> 
On the weekly chart, traders should focus on the $214.8 level. If the candle closes near it, it means that one can expect one more wave of decline. If that happens, there is a chance of seeing a test of the $200 area. 
BNB is trading at $217.5 at press time.

Binance Coin (BNB) Price Analysis for August 18

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