Is Fantom (FTM) a Good Investment Tuesday?

Tuesday, January 18, 2022 09:53 AM | InvestorsObserver Analysts

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

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Trading Analysis

FTM's current risk score means it is a relatively low risk investment. Investors primarily concerned with risk assessment will find this score most useful in order to avoid (or potentially seek out) risky investments. The price of Fantom is -13.15% lower over the last 24 hours, leading to its current value of $2.75. The change in price goes along with volume being below its average level while the coin's market capitalization has fallen during the same time period. The crypto's market capitalization is now $7,003,220,217.68, meanwhile $1,737,926,703.30 worth of the currency has been traded over the past 24 hours. The volatility in price relative to the changes in volume and market cap changes give Fantom a low risk analysis.

Summary

FTM'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 Fantom (FTM).