Axe achieves a excessive risk evaluation based mostly on InvestorsObserver analysis. The proprietary system gauges how a lot a coin will be manipulated by analyzing a lot cash it took to shift its value over the past 24 hour interval together with evaluation of latest adjustments in quantity and market cap. The gauge is between 0 and 100 with decrease scores equating to larger danger whereas larger values signify decrease danger.
Buying and selling Evaluation
AXE’s present danger rating means it’s a comparatively excessive danger funding. Traders primarily involved with danger evaluation will discover this rating most helpful to be able to keep away from (or doubtlessly search out) dangerous investments.
AXE has traded 31.02% decrease over the previous 24 hours to its present value of $0.018447727. This shift has occurred whereas quantity is under its common degree and the coin’s market capitalization has risen. The cryptocurrency now has a market capitalization of $97,052.90 whereas $245.01 value of the coin has traded over the past 24 hours. The worth change in relation to the diploma of quantity and market cap adjustments provides Axe a excessive danger score.
Abstract
AXE’s value motion over the previous day of buying and selling results in a excessive danger rating as its latest value motion relative to buying and selling quantity provides merchants purpose to be involved on the coin’s manipulability as of now.
Keep In The Know
Subscribe to our each day morning replace publication and by no means miss out on the need-to-know market information, actions, and extra.
