Venus BNB (vBNB) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has increased 4.21% to $8.56.
InvestorsObserver is giving Venus BNB a 19 Volatility Rank. Find out what this means to you and get the rest of the rankings on Venus BNB!
Low Volatility
InvestorsObserver gives Venus BNB a low volatility rank of 19, placing it in the bottom 19% of cryptos on the market.The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. vBNB's low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
Venus BNB price is trading near resistance. With support at $7.86 and resistance around $8.6. This positions Venus BNB with potential selling pressures ahead as it may be getting over extended.