BNB (BNB) has been relatively less volatile when compared to other cryptocurrencies. So far Friday, the Payments/Other has declined 1.01% to $404.74.
InvestorsObserver is giving BNB a 18 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 18, placing it in the bottom 18% 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 comes 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 near $388.79 and resistance near $416.19. This leaves BNB with room to run before facing selling pressures.