InvestorsObserver evaluation offers Oxen a median risk evaluation. The proprietary scoring system calculates how a lot cash was required to maneuver the worth over the previous 24 hours with adjustments in quantity and market capitalization to find if a crypto can probably be simply manipulated by restricted buying and selling exercise. Low values representing excessive threat whereas excessive scores equate to low threat primarily based on a 0 to 100 vary.
Buying and selling Evaluation
OXEN’s present threat rating means it’s a comparatively reasonable threat funding. Traders primarily involved with threat evaluation will discover this rating most helpful with a purpose to keep away from (or probably search out) dangerous investments.
OXEN has traded 1.47% decrease over the previous 24 hours to its present worth of $0.21. This shift has occurred whereas quantity is under its common stage and the coin’s market capitalization has risen. The cryptocurrency now has a market capitalization of $12,531,048.53 whereas $516,014.74 price of the coin has traded over the past 24 hours. The value change in relation to the diploma of quantity and market cap adjustments offers Oxen a median threat ranking.
Abstract
Latest worth motion of OXEN offers the cryptocurrency a median threat rating on account of previous 24 hours of worth volatility in relation to quantity adjustments, giving merchants motive to be not overly involved on the coin’s manipulability in the intervening time.
Keep In The Know
Subscribe to our every day morning replace e-newsletter and by no means miss out on the need-to-know market information, actions, and extra.
Thanks for signing up! You are all set to obtain the Morning Replace e-newsletter
Source link
