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What Does a Risk Analysis Say About aelf (ELF) Thursday?

Thursday, June 30, 2022 02:51 PM | InvestorsObserver Analysts
What Does a Risk Analysis Say About aelf (ELF) Thursday?

InvestorsObserver analysis gives aelf 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 aelf a low Risk/Reward Score. Find out what this means to you and get the rest of the rankings on aelf!

Trading Analysis

The risk gauge rank for ELF shows the token is currently a low risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments.
aelf is 28.06% lower as of the last 24 hours of trading, resulting in its current price of $0.18. The price movement has coincided with volume being below its average level and the token's market capitalization risen. The market capitalization for the token now sits at $98,872,444.42 while $54,965,401.11 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 ELF a low risk assessment.

Summary

Recent price movement of ELF 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 aelf (ELF).

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