According to CoinStats, most coins continue to rise as the weekend begins.
BNB/USD
The Binance Coin (BNB) rate has increased by 2.65% since yesterday.
On the hourly chart, the price of BNB could find a local resistance level at $587.6. If the daily bar closes far from it, we can expect a local correction to the $570 range.
On a higher timeframe, traders should focus on the candle closing at $583.9.
If the bulls can maintain the initiative, there is a possibility of a breakout followed by a rise to the vital $600 zone.
On the weekly chart, the bulls are trying to get back into the game in the medium term. If there is a breakout of the key $600 area, the accumulated energy could be enough to move into the $680-$700 range in the near future.
At the time of publication, BNB is trading at $583.3.
