Analysis of Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) Prices on August 12th

Ethereum (ETH) Price Analysis

Ethereum Gains 0.31% Against Bitcoin

Today’s marginal increase in Ethereum (ETH) hasn’t significantly altered its technical standing on the daily chart. To regain momentum, buyers must push the price above the $1,900 threshold. Only then will there be a chance for midterm growth.

Current Ethereum price is $1,851.

Binance Coin (BNB) Price Analysis

Slight 0.11% Rise in Binance Coin (BNB) Price

Similar to Ethereum, Binance Coin (BNB) is experiencing a balanced market where neither buyers nor sellers have gained dominance. The limited trading volume further validates this observation. Therefore, a consolidation phase within the $235-$245 range is the more probable scenario for the following week.

The present BNB price is $240.8.

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