Coin

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 Cover image via <a href="https://u.today/">U.Today</a>
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The <a href="https://u.today/cardano-ada-price-analysis-for-august-25-0">majority of the coins</a> keep declining; however, there are some exceptions to the rule.
<img alt="Top coins by Coinstats" data-entity-type="file" data-entity-uuid="3eda6ee7-4054-4bf8-8f2a-99923b831eb7" src="https://u.today/sites/default/files/inline-images/top10_616.png">
Top coins by <a href="https://coinstats.app/coins/">CoinStats</a>
<h2 id="bnb-usd">BNB/USD</h2>
The price of Binance Coin (BNB) has decreased by 0.7% over the last 24 hours.
<img alt="BNB/USD chart by TradingView" data-entity-type="file" data-entity-uuid="74e62dad-8f9b-41aa-aa74-6652ef73207e" src="https://u.today/sites/default/files/inline-images/bnb1_43.png">
Image by <a href="https://www.tradingview.com/symbols/BNBUSD">TradingView</a>
On the hourly chart, the price of Binance Coin (BNB) has made a false breakout of the resistance of $217.5. If the daily candle closes far from that mark, there is a high possibility of seeing a quicker test of the support at $213.7.
<img alt="BNB/USD chart by TradingView" data-entity-type="file" data-entity-uuid="c040a2c0-e99a-4265-8cbd-62d07f4d757e" src="https://u.today/sites/default/files/inline-images/bnb2_42.png">
Image by <a href="https://www.tradingview.com/symbols/BNBUSD">TradingView</a>
On the daily time frame, the price of BNB has not accumulated enough effort for a sharp move as the rate is far from the support and resistance.
Buyers might seize the initiative only if the price gets back to the $220 area and fixes above it. However, a few days might pass before it happens.
<img alt="BNB/USD chart by TradingView" data-entity-type="file" data-entity-uuid="ef31127b-ef02-432e-b851-68d6d79b5ba3" src="https://u.today/sites/default/files/inline-images/bnb3_41.png">
Image by <a href="https://www.tradingview.com/symbols/BNBUSD">TradingView</a>
Another situation can be seen on the weekly chart as the price of BNB has bounced off the support level of $204.8. if the candle closes far from it, the local rise may continue to the $225-$230 area soon.
BNB is trading at $216.1 at press time.

Binance Coin (BNB) Price Analysis for August 25

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