BNB (BNB) has been relatively less volatile when compared to other cryptocurrencies. So far Thursday, the Payments/Other has advanced 2.62% to $585.08.
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 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 trading above resistance. With support near $562.11 and resistance set at $581.58. This positions BNB out of range and potentially in a volatile position if the rally burns out.