Does the Reward Outweigh the Risks?

InvestorsObserver analysis gives VeChain a low risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range.

InvestorsObserver is giving VeChain a low Risk/Reward Score. Find out what this means to you and get the rest of the rankings on VeChain!

Trading Analysis

VET’s risk gauge score translates to a low risk investment at the moment. Portfolio managers who heavily weigh risk assessment will find this gauge more relevant when attempting to avoid (or discover) more risky investments.

VET has traded -3.06% lower over the past 24 hours to its current price of $0.047130724. This shift has occurred while volume is below its average level and the coin’s market capitalization has fallen. The cryptocurrency now has a market capitalization of $3,031,239,719.73 while $346,459,768.76 worth of the coin has traded over the last 24 hours. The price change in relation to the degree of volume and market cap changes gives VeChain a low risk rating.

Summary

VET’s price movement over the past day of trading leads to a low risk ranking as its recent price movement relative to trading volume gives traders reason to be confident on the coin’s manipulability as of now.

Click Here to get the full Report on VeChain (VET).

Stay In The Know

Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.

Thank you for signing up! You’re all set to receive the Morning Update newsletter

This news is republished from another source. You can check the original article here

Be the first to comment

Leave a Reply

Your email address will not be published.


*