Coin

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The correction might have started on the cryptocurrency market, according to <a href="https://u.today/btc-eth-and-xrp-price-analysis-for-october-2-0" rel="noopener noreferrer nofollow">CoinMarketCap</a>. 
<img data-entity-type="file" data-entity-uuid="553ceb59-3b01-4f2f-a217-6cb589fab054" src="https://u.today/sites/default/files/inline-images/top10_693.png">Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a> 
<h2 dir="ltr" id="bnb-usd">BNB/USD</h2> 
The price of Binance Coin (BNB) has fallen by 2.28% over the last 24 hours. 
<img data-entity-type="file" data-entity-uuid="b2f4ae84-d58f-4995-95ae-b8fc30da8dcc" src="https://u.today/sites/default/files/inline-images/bnb1_50.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSD" rel="noopener noreferrer nofollow">TradingView</a> 
On the hourly chart, the rate of BNB is coming back to the local support level of $213.1. If the daily closure happens below it, the fall may continue to the $210-$212 area. Such a scenario is relevant until tomorrow. 
<img data-entity-type="file" data-entity-uuid="a5055129-8019-4c4e-805e-5bf082961ac6" src="https://u.today/sites/default/files/inline-images/bnb2_49.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSD" rel="noopener noreferrer nofollow">TradingView</a> 
On the bigger time frame, the situation is not so clear as the price is far from the key levels. At the moment, one should focus on the interim zone of $210. If the pressure on it continues, there is a high possibility to see a test of the support of $204.8 by the end of the week. 
<img data-entity-type="file" data-entity-uuid="3622dd46-409f-4e8a-8727-0607be5ae6b6" src="https://u.today/sites/default/files/inline-images/bnb3_48.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSD" rel="noopener noreferrer nofollow">TradingView</a> 
A little bit more of a positive picture can be seen the daily chart against BTC. However, the rate of BNB remains below the level of 0.007873, which means that bears are still more powerful than bulls. 
In this case, one still can expect a drop to the 0.0077 mark soon. 
BNB is trading at $213.2 at press time.

Binance Coin (BNB) Price Analysis for October 3

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