Is Apollo Currency (APL) a Bad Investment Saturday?

Saturday, October 01, 2022 04:19 PM | InvestorsObserver Analysts

InvestorsObserver analysis gives Apollo Currency 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 Apollo Currency a low Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Apollo Currency!

See Full APL Report

Trading Analysis

The risk gauge rank for APL shows the coin is currently a low risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments. APL has traded 1.06% lower over the past 24 hours to its current price of $0.000732752. This shift has occurred while volume is below its average level and the coin's market capitalization has risen. The cryptocurrency now has a market capitalization of $15,508,773.29 while $747,614.88 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 Apollo Currency a low risk rating.

Summary

Recent price movement of APL gives the cryptocurrency a low risk score due to past 24 hours of price volatility in relation to volume changes, giving traders reason to be confident on the coin's manipulability at the moment. Click Here to get the full Report on Apollo Currency (APL).