Coin

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 Cover image via <a href="https://u.today/">U.Today</a>
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The majority of the coins have come back to the red zone, according to <a href="https://u.today/doge-shib-and-bonk-price-analysis-for-december-27">CoinMarketCap</a>.
<img data-entity-type="file" data-entity-uuid="516e37e0-bb99-403e-bfb9-098b728132b6" src="https://u.today/sites/default/files/inline-images/top_2.png">Top coins by<a href="https://coinmarketcap.com/"> CoinMarketCap</a>
<h2 class="text-align-justify" id="bnb-usd">BNB/USD</h2>
The rate of Binance Coin (BNB) has increased by 6.28% since yesterday.
<img data-entity-type="file" data-entity-uuid="2086e7df-c368-4fd3-a93d-c23797c4cb70" src="https://u.today/sites/default/files/inline-images/bnb1_66.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSD">TradingView</a>
Despite today's rise, the price of BNB is loolking bearish on the hourly chart. The rate has made a false breakout of the local resistance and keeps falling.
If bulls do not seize the initiative untli the end of the day, the correction may continue to the support of $320.
<img data-entity-type="file" data-entity-uuid="c5502487-5ed9-478c-8b2a-748d91a0a13c" src="https://u.today/sites/default/files/inline-images/bnb2_64.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSD">TradingView</a>
On the bigger time frame, the situation is also not as bullish as before. If today's candle closes below yesterday's peak, sellers may seize the initiative, which can lead to a correction to the $310-$320 zone.
<img data-entity-type="file" data-entity-uuid="b0e91767-7df7-48ef-978f-a5b479b8e879" src="https://u.today/sites/default/files/inline-images/bnb3_65.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSD">TradingView</a>
From the midterm point of view, one should wait until the bar's closure. If it happens with no long wick, the growth may continue to the nearest resistance of $350.
BNB is trading at $357 at press time.

Binance Coin (BNB) Price Analysis for December 28

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