×
News Home

Is Hedera (HBAR) a Good Investment Wednesday?

Wednesday, January 19, 2022 08:57 AM | InvestorsObserver Analysts
Is Hedera (HBAR) a Good Investment Wednesday?

Hedera receives a low risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a coin can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk.

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

Trading Analysis

HBAR'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. HBAR has traded 0.35% lower over the past 24 hours to its current price of $0.26. 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 $4,688,160,783.92 while $71,411,221.20 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 Hedera a low risk rating.

Summary

HBAR'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 Hedera (HBAR).

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App