BNB (BNB) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the Payments/Other has lost 1.32% to $313.92.
InvestorsObserver is giving BNB a 19 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 19, placing it in the bottom 19% of cryptos on the market.The Volatility Gauge takes into account meaning that one day won't make or break its rank. 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 set at $307.51 and resistance around $319.49. This positions BNB with room to run before facing selling pressures.