BNB (BNB) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Thursday, the Payments/Other has gained 0.51% to $463.83.
InvestorsObserver is giving BNB a 9 Volatility Rank. Find out what this means to you and get the rest of the rankings on BNB!
Low Volatility
InvestorsObserver gives BNB a low volatility rank of 9, placing it in the bottom 9% of cryptos on the market.The Volatility Gauge takes into account meaning that one day won't make or break its rank. BNB's low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
BNB price is in a favorable position going forward. With support set at $453.23 and resistance around $471.25. This positions BNB with room to run before facing selling pressures.