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Bitcoin Plus (XBC) Do the Risks Outweigh the Rewards Friday?

Friday, December 08, 2023 07:52 PM | InvestorsObserver Analysts
Bitcoin Plus (XBC) Do the Risks Outweigh the Rewards Friday?

Bitcoin Plus achieves a high risk analysis based on InvestorsObserver research. The proprietary system gauges how much a coin can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with analysis of recent changes in volume and market cap. The gauge is between 0 and 100 with lower scores equating to higher risk while higher values represent lower risk.

Risk/Reward Score - High
InvestorsObserver is giving Bitcoin Plus a high Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Bitcoin Plus!

Trading Analysis

XBC's risk gauge score translates to a high 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.
Bitcoin Plus is -14.24% lower as of the last 24 hours of trading, resulting in its current price of $2.48. The price movement has coincided with volume being below its average level and the coin's market capitalization fallen. The market capitalization for the coin now sits at $547,169.23 while $790.29 worth of the crypto has been exchanged over the past 24 hours. The price movement relative to the changes in volume and market cap recently, gives XBC a high risk assessment.


XBC's price movement over the past day of trading leads to a high risk ranking as its recent price movement relative to trading volume gives traders reason to be concerned on the coin's manipulability as of now. Click Here to get the full Report on Bitcoin Plus (XBC).

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