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BNB and TON Prediction for September 2

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

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$BNB/USD

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

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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.

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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.