BNB (BNB) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Monday, the Payments/Other has declined 0.85% to $570.07.
InvestorsObserver is giving BNB a 20 Volatility Rank. Find out what this means to you and get the rest of the rankings on BNB!
The Volatility Gauge analyzes which means that one day won’t define its volatility rank – a trend will.
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.
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BNB price is in a favorable position going forward. With support at $547.06 and resistance at $586.55. This leaves BNB with room to run before facing selling pressures.
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