Wrapped BNB receives a robust long-term technical rating of 66 from InvestorsObserver evaluation. Our proprietary scoring system considers the buying and selling patterns over the previous a number of months to a 12 months by analyzing the token’s consistency, volatility, and the place it’s relative to long-term averages to find out whether or not it is a sturdy buy-and-hold funding alternative.
Presently, WBNB holds a superior long-term technical evaluation rating than 66% of crytpocurrencies. Lengthy-term traders using a buy-and-hold technique will discover the Lengthy-Time period Rank particularly related when allocating their property and will discover extra worth discovering cyptos with a excessive short-term technical rating to find tokens which have bottomed out.
Buying and selling Evaluation
Wrapped BNB’s worth is -$22.7500000 (-5.69%) under its 100-day transferring common worth of $399.740000000 as its worth in the meanwhile sits at $376.990000000. Moreover, WBNB is $376.9900000 (531994019765210.00%) increased than its 52-week low worth of $0.000000000 whereas -$353.42000000 (50.24%) beneath its 52-week excessive of $730.410000000. The present buying and selling worth in relation to its long-term common together with its 52-week excessive and low, offers WBNB a robust long-term technical rating of 66. Lengthy-term buying and selling motion of Wrapped BNB recommend that traders are impartial on the token in the meanwhile.
Wrapped BNB has a complete market worth of $1,977,078,529.57 with an excessive common every day quantity of $3,127,671,450.05 price of the forex exchanged over a typical 24 hour interval. As of the previous 24 hours, WBNB’s quantity is under its common with $649,343,632.15 exchanged in complete.
This token’s subclass Wrapped Tokens: A wrapped token is an on-chain illustration of one other asset. It may be a cryptocurrency represented on a special blockchain, or it may be one other type of asset, corresponding to a inventory or commodity. This permits crypto merchants entry to non-crypto property and trades on one change to get publicity to property on a special chain.
Buying and selling patterns over the past 12 months for Wrapped BNB results in the token’s a robust long-term technical rating of 66 as its consistency, volatility, and relation to long-term averages has given traders cause to be impartial on the token.
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