InvestorsObserver
×
News Home

What Does a Risk Analysis Say About Veil (VEIL) Sunday?

Sunday, December 03, 2023 12:36 PM | InvestorsObserver Analysts
What Does a Risk Analysis Say About Veil (VEIL) Sunday?

Veil 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.

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

Trading Analysis

VEIL's current risk score means it is a relatively high risk investment. Investors primarily concerned with risk assessment will find this score most useful in order to avoid (or potentially seek out) risky investments.
VEIL has traded -19.27% lower over the past 24 hours to its current price of $0.003988132. This shift has occurred while volume is below its average level and the coin's market capitalization has fallen. The cryptocurrency now has a market capitalization of $343,289.91 while $46.97 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 Veil a high risk rating.

Summary

Recent price movement of VEIL 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 Veil (VEIL).

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App