Wrapped BNB (WBNB) has been relatively less volatile compared to the crypto market. So far Thursday, the Wrapped Tokens has fallen 0.49% to $304.23.
InvestorsObserver is giving Wrapped BNB a 11 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 11, placing it in the bottom 11% 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. WBNB's low volatility reading is paired 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 favorable position going forward. With support around $300.1 and resistance at $309.44. This leaves Wrapped BNB with room to run before facing selling pressures.