Wrapped BNB (WBNB) has been relatively less volatile compared to the crypto market. So far Thursday, the Wrapped Tokens has fallen 7.48% to $230.7.
InvestorsObserver is giving Wrapped BNB a 15 Volatility Rank. Find out what this means to you and get the rest of the rankings on Wrapped BNB!
The Volatility Gauge tracks this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
WBNB’s low volatility reading is paired 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.
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Wrapped BNB price is trading near resistance. With support around $214.96 and resistance near $233.08. This positions Wrapped BNB with potential selling pressures ahead as it may be getting over extended.
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