Wrapped BNB (WBNB) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Saturday, the Wrapped Tokens has lost 8.73% to $237.58.
InvestorsObserver is giving Wrapped BNB a 12 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 12, placing it in the bottom 12% 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 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 trading above resistance. With support around $228.51 and resistance set at $236.22. This positions Wrapped BNB out of range and potentially in a volatile position if the rally burns out.