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What Does a Risk Analysis Say About Metaverse ETP (ETP) Wednesday?

Wednesday, February 09, 2022 07:46 PM | InvestorsObserver Analysts
What Does a Risk Analysis Say About Metaverse ETP (ETP) Wednesday?

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

Trading Analysis

The risk gauge rank for ETP 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. ETP has traded 14.24% lower over the past 24 hours to its current price of $0.18. This shift has occurred while volume is below its average level and the coin's market capitalization has risen. The cryptocurrency now has a market capitalization of $14,023,293.90 while $84,244.59 worth of the coin has traded over the last 24 hours. The price change in relation to the degree of volume and market cap changes gives Metaverse ETP a high risk rating.

Summary

Recent price movement of ETP 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 Metaverse ETP (ETP).

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