BNB (BNB) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the Payments/Other has fallen 3.3% to $233.54.
The Volatility Gauge tracks which means that one day won’t define its volatility rank – a trend will.
BNB’s low volatility reading comes 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 trading near resistance. With support set at $224.13 and resistance at $236.06. This positions BNB with potential selling pressures ahead as it may be getting over extended.
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