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Should You Sell Signum (SIGNA) Thursday?

Thursday, January 13, 2022 11:09 AM | InvestorsObserver Analysts
Should You Sell Signum (SIGNA) Thursday?

InvestorsObserver analysis gives Signum a high 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 - High
InvestorsObserver is giving Signum a high Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Signum!

Trading Analysis

SIGNA'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. The price of Signum is 38.45% lower over the last 24 hours, leading to its current value of $0.006034846. The change in price goes along with volume being below its average level while the coin's market capitalization has risen during the same time period. The crypto's market capitalization is now $12,859,057.36, meanwhile $57,206.51 worth of the currency has been traded over the past 24 hours. The volatility in price relative to the changes in volume and market cap changes give Signum a high risk analysis.

Summary

The price volatility of SIGNA 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 Signum (SIGNA).

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