Wrapped BNB (WBNB) has been relatively less volatile compared to the crypto market. So far Tuesday, the Wrapped Tokens has declined 0.98% to $241.06.
The Volatility Gauge tracks meaning that one day won’t make or break its rank.
WBNB’s low volatility reading is coupled 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.
Wrapped BNB price is in a favorable position going forward. With support set at $236.79 and resistance near $242.55. This positions Wrapped BNB with room to run before facing selling pressures.
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