Wrapped BNB (WBNB) has been relatively less volatile compared to the crypto market. So far Monday, the Wrapped Tokens has lost 2.33% to $298.9.
InvestorsObserver is giving Wrapped BNB a 18 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 18, placing it in the bottom 18% 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 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 trading near resistance. With support near $291.86 and resistance around $301.06. This positions Wrapped BNB with potential selling pressures ahead as it may be getting over extended.