Safex Cash (SFX): How Risky is It Monday?


InvestorsObserver analysis gives Safex Cash a high risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range.

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

Trading Analysis

The risk gauge rank for SFX shows the coin 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 Safex Cash is 27.96% lower over the last 24 hours, leading to its current value of $0.027257857. The change in price goes along with volume being below its average level while the coin’s market capitalization has risen during the same time period. The crypto’s market capitalization is now $4,094,147.57, meanwhile $17,302.44 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 Safex Cash a high risk analysis.

Summary

The price volatility of SFX 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 coin’s manipulability as of now.

Click Here to get the full Report on Safex Cash (SFX).

Stay In The Know

Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.

Thank you for signing up! You’re all set to receive the Morning Update newsletter



Read More: Safex Cash (SFX): How Risky is It Monday?

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments