BNB (BNB) has been relatively less volatile when compared to other cryptocurrencies. So far Thursday, the Payments/Other has dropped 0.76% to $246.33.
InvestorsObserver is giving BNB a 21 Volatility Rank. Find out what this means to you and get the rest of the rankings on BNB!
Low Volatility
InvestorsObserver gives BNB a low volatility rank of 21, placing it in the bottom 21% of cryptos on the market.The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. BNB's low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
BNB price is in a good position going forward. With support near $241.4 and resistance around $248.94. This leaves BNB with room to run before facing selling pressures.