Litecoin receives a low risk score from InvestorsObserver evaluation. The proprietary scoring system analyzes how a lot cash was required to maneuver the value over the previous 24 hours. The metric seems to be at current adjustments in quantity and market cap to judge how a lot a coin might be manipulated by restricted buying and selling. The rating ranges from 0 to 100, with low scores representing excessive danger and excessive values equating to low danger.
Buying and selling Evaluation
LTC’s present danger rating means it’s a comparatively low danger funding. Traders primarily involved with danger evaluation will discover this rating most helpful to be able to keep away from (or doubtlessly hunt down) dangerous investments.
LTC has traded -0.11% decrease over the previous 24 hours to its present worth of $69.28. This shift has occurred whereas quantity is beneath its common degree and the coin’s market capitalization has fallen. The cryptocurrency now has a market capitalization of $4,957,575,632.07 whereas $1,429,540,712.75 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 Litecoin a low danger score.
LTC’s worth motion over the previous day of buying and selling results in a low danger rating as its current worth motion relative to buying and selling quantity offers merchants purpose to be assured on the coin’s manipulability as of now.
Keep In The Know
Subscribe to our day by day morning replace publication and by no means miss out on the need-to-know market information, actions, and extra.
Leave a Reply