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Should You Buy Unibright (UBT) Wednesday?

Wednesday, March 30, 2022 08:53 AM | InvestorsObserver Analysts
Should You Buy Unibright (UBT) Wednesday?

Unibright achieves a high risk analysis based on InvestorsObserver research. The proprietary system gauges how much a token 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 Unibright a high Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Unibright!

Trading Analysis

UBT's current risk score means it is a relatively high risk investment. Investors primarily concerned with risk assessment will find this score most useful in order to avoid (or potentially seek out) risky investments.
UBT has traded -29.44% lower over the past 24 hours to its current price of $1.18. This shift has occurred while volume is below its average level and the token's market capitalization has fallen. The cryptocurrency now has a market capitalization of $176,274,785.93 while $4,494,336.88 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 Unibright a high risk rating.

Summary

Recent price movement of UBT gives the cryptocurrency a high risk score due to past 24 hours of price volatility in relation to volume changes, giving traders reason to be concerned on the token's manipulability at the moment. Click Here to get the full Report on Unibright (UBT).

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