Wrapped BNB (WBNB) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Saturday, the Wrapped Tokens has increased 1.28% to $242.93.
The Volatility Gauge takes into account which means that one day won’t define its volatility rank – a trend will.
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 trading near resistance. With support near $234.42 and resistance set at $243.26. This positions Wrapped BNB with potential selling pressures ahead as it may be getting over extended.
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