Wrapped BNB (WBNB) has been relatively less volatile compared to the crypto market. So far Monday, the Wrapped Tokens has declined 1.42% to $207.32.
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 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 good position going forward. With support near $205.02 and resistance near $208.24. This positions Wrapped BNB with room to run before facing selling pressures.
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