BNB (BNB) has been relatively less volatile compared to the crypto market. So far Wednesday, the Payments/Other has fallen 0.12% to $245.09.
The Volatility Gauge takes into account this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
BNB’s low volatility reading is coupled 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 near $239.72 and resistance set at $248.69. This positions BNB with room to run before facing selling pressures.
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