Wrapped BNB (WBNB) has been relatively less volatile when compared to other cryptocurrencies. So far Wednesday, the Wrapped Tokens has declined 1.24% to $244.29.
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!
The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day.
WBNB’s low volatility reading pairs 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.
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Wrapped BNB price is in a good position going forward. With support near $241.02 and resistance at $245.41. This leaves Wrapped BNB with room to run before facing selling pressures.
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