BNB (BNB) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Monday, the Payments/Other has declined 0.85% to $570.07.
InvestorsObserver is giving BNB a 20 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 20, placing it in the bottom 20% of cryptos on the market.The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. BNB's low volatility reading is paired 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 favorable position going forward. With support at $547.06 and resistance at $586.55. This leaves BNB with room to run before facing selling pressures.