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Should You Buy Nervos Network (CKB) Tuesday?

Tuesday, June 21, 2022 05:38 PM | InvestorsObserver Analysts
Should You Buy Nervos Network (CKB) Tuesday?

InvestorsObserver analysis gives Nervos Network an average 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 - Medium
InvestorsObserver is giving Nervos Network a medium Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Nervos Network!

Trading Analysis

CKB's current risk score means it is a relatively moderate risk investment. Investors primarily concerned with risk assessment will find this score most useful in order to avoid (or potentially seek out) risky investments.
Nervos Network is 40.78% lower as of the last 24 hours of trading, resulting in its current price of $0.004334372. The price movement has coincided with volume being below its average level and the coin's market capitalization risen. The market capitalization for the coin now sits at $144,508,250.04 while $4,093,125.90 worth of the crypto has been exchanged over the past 24 hours. The price movement relative to the changes in volume and market cap recently, gives CKB an average risk assessment.

Summary

Recent price movement of CKB gives the cryptocurrency an average risk score due to past 24 hours of price volatility in relation to volume changes, giving traders reason to be not overly concerned on the coin's manipulability at the moment. Click Here to get the full Report on Nervos Network (CKB).

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