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Ledger Nano X - The secure hardware wallet
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BNB (BNB) Falls 0%, Underperforms the Crypto Market Saturday

16 April 2022
in BNB
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BNB (BNB) has been relatively less volatile when compared to other cryptocurrencies. So far Saturday, the Payments/Other has dropped 0.03% to $415.83.

InvestorsObserver is giving BNB a 13 Volatility Rank. Find out what this means to you and get the rest of the rankings on BNB!

Low Volatility

InvestorsObserver gives BNB a low volatility rank of 13, placing it in the bottom 13% of cryptos on the market.

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The Volatility Gauge analyzes this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.

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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 well positioned going forward. With support at $412.72 and resistance set at $419.24. This leaves BNB with room to run before facing selling pressures.

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