Wrapped BNB (WBNB) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the Wrapped Tokens has fallen 0.48% to $213.43.
The Volatility Gauge follows which means that one day won’t define its volatility rank – a trend will.
WBNB’s low volatility reading pairs 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 $210.16 and resistance near $217.95. This positions Wrapped BNB with room to run before facing selling pressures.
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