Venus BNB (vBNB) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has declined 0.33% to $7.33.
The Volatility Gauge analyzes meaning that one day won’t make or break its rank.
vBNB’s low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
Venus BNB price is in a favorable position going forward. With support set at $7.24 and resistance set at $7.39. This leaves Venus BNB with room to run before facing selling pressures.
Credit: Source link