Wrapped BNB (WBNB) has been relatively less volatile compared to the crypto market. So far Monday, the Wrapped Tokens has declined 1.42% to $207.32.
InvestorsObserver is giving Wrapped BNB a 15 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 15, placing it in the bottom 15% of cryptos on the market.The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. WBNB's low volatility reading is coupled 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 in a good position going forward. With support near $205.02 and resistance near $208.24. This positions Wrapped BNB with room to run before facing selling pressures.