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Is Civic (CVC) Worth the Risk Monday?

Monday, August 15, 2022 06:15 AM | InvestorsObserver Analysts
Is Civic (CVC) Worth the Risk Monday?

InvestorsObserver analysis gives Civic 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.

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

Trading Analysis

The risk gauge rank for CVC shows the token is currently a low risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments.
CVC has traded 26.45% lower over the past 24 hours to its current price of $0.22. This shift has occurred while volume is below its average level and the token's market capitalization has risen. The cryptocurrency now has a market capitalization of $221,192,206.38 while $313,864,574.63 worth of the token has traded over the last 24 hours. The price change in relation to the degree of volume and market cap changes gives Civic a low risk rating.

Summary

Recent price movement of CVC 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 token's manipulability at the moment. Click Here to get the full Report on Civic (CVC).

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