Wrapped BNB (WBNB) has been relatively less volatile compared to the crypto market. So far Sunday, the Wrapped Tokens has advanced 5.6% to $250.7.
InvestorsObserver is giving Wrapped BNB a 21 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 21, placing it in the bottom 21% of cryptos on the market.The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. 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 above resistance. With support at $230.68 and resistance at $247.4. This positions Wrapped BNB out of range and potentially in a volatile position if the rally burns out.