Bearish-Rated Wrapped BNB (WBNB) Falls Monday to $376.87

Wrapped BNB (WBNB) gets a bearish rating from InvestorsObserver Monday. The crypto is down 0.24% to $376.87 while the broader crypto market is down 3.46%.

Bearish

Over the last five days, Wrapped BNB has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Wrapped BNB over the past five days by volume and price movement.

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The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

Wrapped BNB is currently trading near its five-day low of $363.897266724917. The crypto is 9.53% off its five-day high and is 3.56% higher than its five-day low of $363.9.

Wrapped BNB price is well positioned between support and resistance. With support set around $370.92 and resistance at $386.03, has some room to run before facing resistance.

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Wrapped BNB has traded on low volume recently. This means that today’s volume is below its average volume over the past seven days.

What is a token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain.

Due to a lack of data, this crypto may be less suitable for some investors.

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