Hive, is risk ratio acceptable with new risk gauge ranking in last 24 hours?

Nobody wants to lose money! That is why we have systems in place that helps us to make educated decisions, right? The “proprietary scoring system” is one of those systems and it is used by InvestorsObserver to give a “risk gauge ranking”. It basically tells us with changes in market capitalization and volume how easy it will be to control or influence the price of a crypto coin.

Trading Analysis

The risk gauge rank for HIVE shows the coin is currently a low risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments.

HIVE has traded -4.19% lower over the past 24 hours to its current price of $0.89. 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 $357,048,377.50 while $48,264,821.97 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 Hive a low risk rating.

Summary

Recent price movement of HIVE gives the cryptocurrency a low risk score due to past 24 hours of price volatility in relation to volume changes, giving traders reason to be confident on the coin’s manipulability at the moment.

Click Here to get the full Report on Hive (HIVE).