Coin

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The cryptocurrency market is bouncing back, according to <a href="https://u.today/doge-price-prediction-for-may-14" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="1ed50ec1-93de-43fc-a5e2-70165b2f1638" src="https://u.today/sites/default/files/inline-images/top10_1117.png">BNB chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="bnb-usd">BNB/USD</h2>
The price of Binance Coin (BNB) has fallen by 0.38% over the past day. <img data-entity-type="file" data-entity-uuid="47d5db04-64be-49ab-8dbe-0e752bd9def7" src="https://u.today/sites/default/files/inline-images/bnb1_80.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the rate of SOL has broken the local resistance level of $571.1. If the daily bar closes above it, the growth may continue to the $590-$600 zone soon. <img data-entity-type="file" data-entity-uuid="25b896c3-70bb-4ff4-b89b-0d6449e859d5" src="https://u.today/sites/default/files/inline-images/bnb2_75.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, the price has made a false breakout of yesterday's low. However, the rate of SOL does not have enough strength for a continued bull run.&nbsp;
In this case, sideways trading in the range of $570-$590 is the more likely scenario. <img data-entity-type="file" data-entity-uuid="1ec86802-c369-4cb8-a2bd-351a0fb29403" src="https://u.today/sites/default/files/inline-images/bnb3_80.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, the situation is quite similar. As none of the sides has seized the initiative yet, traders may expect ongoing consolidation in the zone of $550-$600 by the end of the month.
BNB is trading at $580 at press time.

Binance Coin (BNB) Price Prediction for May 15

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