- Risk scores can move regularly due to factors such as volume, coin capitalization, price volatility.
- RVN is currently considered a relatively moderate risk investment based on recent report.
InvestorsObserver analysis gives Ravencoin an average 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.
Trading Analysis
RVN’s current risk score means it is a relatively moderate risk investment. Investors primarily concerned with risk assessment will find this score most useful in order to avoid (or potentially seek out) risky investments.
RVN has traded -0.57% lower over the past 24 hours to its current price of $0.014613626. 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 $190,643,080.40 while $4,984,838.38 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 Ravencoin an average risk rating.
Summary
The price volatility of RVN over the last 24 hours results in an average risk analysis due to its price volatility in combination with changes in trading volume, giving investors a reason to be not overly concerned on the coin’s manipulability as of now.
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Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.
