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What Does a Risk Analysis Say About Signature Chain (SIGN) Thursday?

Thursday, April 14, 2022 12:50 PM | InvestorsObserver Analysts
What Does a Risk Analysis Say About Signature Chain (SIGN) Thursday?

Signature Chain achieves a high risk analysis based on InvestorsObserver research. 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 scores equating to higher risk while higher values represent lower risk.

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

Trading Analysis

The risk gauge rank for SIGN shows the token 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 Signature Chain is -46.05% lower over the last 24 hours, leading to its current value of $0.000955298. The change in price goes along with volume being below its average level while the token's market capitalization has fallen during the same time period. The crypto's market capitalization is now $731,547.54, meanwhile $2,526.21 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 Signature Chain a high risk analysis.

Summary

The price volatility of SIGN 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 token's manipulability as of now. Click Here to get the full Report on Signature Chain (SIGN).

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