Should You Sell StrongHands Masternode (SHMN) Thursday?

Thursday, December 02, 2021 07:26 AM | InvestorsObserver Analysts

StrongHands Masternode 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.

InvestorsObserver is giving StrongHands Masternode a high Risk/Reward Score. Find out what this means to you and get the rest of the rankings on StrongHands Masternode!

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Trading Analysis

SHMN's risk gauge score translates to a high 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. StrongHands Masternode is -48.87% lower as of the last 24 hours of trading, resulting in its current price of $0.035437323. The price movement has coincided with volume being below its average level and the coin's market capitalization fallen. The market capitalization for the coin now sits at $122,193.72 while $31.75 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 SHMN a high risk assessment.

Summary

Recent price movement of SHMN 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 coin's manipulability at the moment. Click Here to get the full Report on StrongHands Masternode (SHMN).