Wrapped BNB (WBNB) has been relatively less volatile compared to the crypto market. So far Thursday, the Wrapped Tokens has fallen 0.49% to $304.23.
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.
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.
Wrapped BNB price is in a favorable position going forward. With support around $300.1 and resistance at $309.44. This leaves Wrapped BNB with room to run before facing selling pressures.
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