Venus BNB (vBNB) Up 0.12% Sunday: What's Next?

Sunday, March 24, 2024 06:18 AM | InvestorsObserver Analysts

Venus BNB (vBNB) has been relatively less volatile compared to the crypto market. So far Sunday, the crypto has advanced 0.12% to $13.31.

InvestorsObserver is giving Venus BNB a 21 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 21, placing it in the bottom 21% 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. 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 in a favorable position going forward. With support near $13.05 and resistance at $13.56. This positions Venus BNB with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

Share this article: