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

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.