×
News Home

Is Ravencoin Classic (RVC) a Good Investment Saturday?

Saturday, December 11, 2021 01:14 PM | InvestorsObserver Analysts
Is Ravencoin Classic (RVC) a Good Investment Saturday?

Ravencoin Classic 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 Ravencoin Classic a high Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Ravencoin Classic!

Trading Analysis

The risk gauge rank for RVC shows the coin is currently a high risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments. RVC has traded 77.10% lower over the past 24 hours to its current price of $0.000244882. 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 $2,503,470.48 while $18,889.36 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 Ravencoin Classic a high risk rating.

Summary

The price volatility of RVC over the last 24 hours results in a high risk analysis due to its price volatility in combination with changes in trading volume, giving investors a reason to be concerned on the coin's manipulability as of now. Click Here to get the full Report on Ravencoin Classic (RVC).

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App