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Binance Coin short-term Price Analysis: 14 August

Binance Coin now finds itself on the fringes of the top-10, occupying the 10th spot owing to the consolidating movement of the new entrant Chainlink following its recent surge. With a market capitalization of $3.15 billion, the exchange token is only a few million ahead of Crypto.com in eleventh with a market cap of $3.11 billion.  Looking at the short-term price of Binance Coin all hope is not lost despite the bearish performance early in the week. After dropping down from a price of $23.76, the resistance at $22.97 pushed the price as low as $20.5 before a minor rebound…

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