Wrapped BNB (WBNB) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the Wrapped Tokens has declined 5.21% to $218.66.
InvestorsObserver is giving Wrapped BNB a 19 Volatility Rank. Find out what this means to you and get the rest of the rankings on Wrapped BNB!
Low Volatility
InvestorsObserver gives Wrapped BNB a low volatility rank of 19, placing it in the bottom 19% of cryptos on the market.The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. WBNB'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.
Wrapped BNB price is trading near resistance. With support near $204.13 and resistance near $221.74. This leaves Wrapped BNB with potential selling pressures ahead as it may be getting over extended.