Binance Coin Price Analysis: BNB/USD rallied to $497, missing upper target by only 3-points

TL;DR Breakdown Binance Coin price analysis is bullish today BNB/USD has been trading within a range of $486 – 497 Binance Coin price analysis is bullish today after the coin broke out above $480 into the $490 region, coming short of the $500 target by only 3 points. We are therefore expecting Binance Coin to rally upwards and regain some of Thursday’s losses in the next 24 hours.  The general digital currencies market is trading bullishly, with the majority of the coins posting record 24-hour gains. BTC, ETH, and ADA recorded 4.5, 4.8, and 3.7 percent gains overnight.  Binance Coin price movement in the last 24 hours: BNB/USD retests $490 level According to our 24-hour session Binance Coin price analysis, BNB/USD has been trading within a range of $486 – 497. The medium-range suggests a moderate amount of volatility across the 24-hour chart. Binance Coin witnessed a 28 percent drop in its daily trading olume to a total of $2.6 billion. According to Coin Market Cap, the exchange token witnessed a 2 percent surge in market capitalization to a total of $82.09 billion. BNB is ranked number #4 overall by market cap.  BNB/USD 4-hour chart: BNB/USD eyeing $510? According to our 4-hour Binance Coin price analysis chart, BNB/USD has dropped slightly below the $490 mark and has a press time price of $488. The coin could establish a strong base at the $490 mark to support a strong uptrend against the $50...