BNB and TON Prediction for September 2

The new week and new month have started negatively for most of the coins, according to CoinStats.

BNB/USD

Binance Coin (BNB) is the exception to the rule, rising by 0.4% over the last day.

On the daily chart, the rate of BNB has once again bounced off the vital area of $500. However, it is in the middle of a wide channel, between the support of $454.80 and the resistance of $603.

As none of the sides is dominating, ongoing sideways trading in the zone of $520-$540 is the more likely scenario.

BNB is trading at $521.60 at press time.

TON/USD

The price of Toncoin (TON) has dropped by 1.73% since yesterday.

From the technical point of view, one should pay attention to the area of $5. If it breaks out, the accumulated energy might be enough for an ongoing decline to the $4.721 level.

TON is trading at $5.149 at press time.

Source