What Does a Risk Analysis Say About Delphy (DPY) Wednesday?

Wednesday, December 01, 2021 06:46 AM | InvestorsObserver Analysts

Delphy achieves a low risk/reward score based on an InvestorsObserver analysis. 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 ranks equating to higher risk while higher values represent lower risk.

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

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Trading Analysis

The risk/reward score for DPY shows the coin is currently a high risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments. The price of Delphy is 148.83% lower over the last 24 hours, leading to its current value of $0.02. The change in price goes along with volume being below its average level while the token's market capitalization has risen during the same time period. The crypto's market capitalization is now $1,076,278.49, meanwhile $13,864.50 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 Delphy a low risk/reward rating.

Summary

Recent price movement of DPY gives the cryptocurrency a low risk/reward 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 Delphy (DPY).