BNB (BNB) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Saturday, the Payments/Other has dropped 1.87% to $553.61.
InvestorsObserver is giving BNB a 22 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 22, placing it in the bottom 22% of cryptos on the market.The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. 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 well positioned going forward. With support at $523.7 and resistance around $575.46. This positions BNB with room to run before facing selling pressures.