BNB (BNB) Rises 0.67%, Outperforms the Crypto Market Sunday

BNB (BNB) has been relatively less volatile when compared to other cryptocurrencies. So far Sunday, the Payments/Other has gained 0.67% to $382.8.

Low Volatility

InvestorsObserver gives BNB a low volatility rank of 14, placing it in the bottom 14% of cryptos on the market.

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The Volatility Gauge takes into account which means that one day won’t define its volatility rank – a trend will.

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BNB’s low volatility reading pairs 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 good position going forward. With support set at $370 and resistance at $388.67. This positions BNB with room to run before facing selling pressures.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.

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