$ETH

BNB is consolidating above $640 support. The price is showing indications of improvement and may rise further.

BNB price is trying to rebound from $640.

The price is above $655 and the 100-hourly SMA.

Break over a connecting negative trend line with resistance at $652 on the hourly BNB/USD chart.

To rise soon, the pair needs hold above $642.

BNB price targets upward break

BNB price rose after building a base above $642. Ethereum and Bitcoin moved over $650 and $655 barrier levels.

A good rise over the 50% Fib retracement level of the latest collapse from $671 swing high to $642 low occurred. In addition, the hourly BNB/USD chart broke over a negative trend line with resistance at $652.