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.
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.
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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