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Should You Sell Golem (GLM) Thursday?

Thursday, August 11, 2022 06:25 AM | InvestorsObserver Analysts
Should You Sell Golem (GLM) Thursday?

InvestorsObserver analysis gives Golem 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.

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

Trading Analysis

GLM's risk gauge score translates to a low risk investment at the moment. Portfolio managers who heavily weigh risk assessment will find this gauge more relevant when attempting to avoid (or discover) more risky investments.
Golem is 35.29% lower as of the last 24 hours of trading, resulting in its current price of $0.36. The price movement has coincided with volume being above its average level and the token's market capitalization risen. The market capitalization for the token now sits at $357,727,281.63 while $307,118,697.27 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 GLM a low risk assessment.

Summary

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

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