Coin

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The prices of <a href="https://u.today/bitcoin-btc-price-analysis-for-november-28" rel="noopener noreferrer nofollow">most of the coins</a> have managed to resume a bullish trend today. <img data-entity-type="file" data-entity-uuid="061f5565-d3ec-4553-96d9-ab10110161e8" src="https://u.today/sites/default/files/inline-images/top10_802.png">Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a>
<h2 class="text-align-justify" id="bnb-usd">BNB/USD</h2>
The rate of Binance Coin (BNB) has risen by 0.30% over the last 24 hours. <img data-entity-type="file" data-entity-uuid="cb4a25bd-0f8a-4dc2-b48f-12500eec8866" src="https://u.today/sites/default/files/inline-images/%D0%B8%D1%82%D0%B81_1.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the price of BNB has made a false breakout of the local support of $228. However, the rate has not bounced far from that mark.
If the daily bar closes near it, there is a chance to see a breakout, followed by a further decline to the $227 area. <img data-entity-type="file" data-entity-uuid="9d056e39-f577-4622-b754-f04c180195b8" src="https://u.today/sites/default/files/inline-images/bnb2_60.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 also more bearish than bullish as the price has failed to keep the rise going after yesterday's bullish closure. In this case, a decline to the support of $224 is the more likely scenario for the next few days. <img data-entity-type="file" data-entity-uuid="5ba172ea-438f-44bc-8bd8-7fcdd7d2779b" src="https://u.today/sites/default/files/inline-images/bnb3_60.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BNBUSD" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, one should focus on the weekly bar closure in terms of the previous candle low of $224. If it happens far from that mark, there is a chance to see a correction to the $240 area soon.
BNB is trading at $228.3 at press time.

Binance Coin (BNB) Price Analysis for November 29

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