Litecoin achieves a low risk evaluation primarily based 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 worth over the past 24 hour interval together with evaluation of latest modifications in quantity and market cap. The gauge is between 0 and 100 with decrease scores equating to greater threat whereas greater values signify decrease threat.
Buying and selling Evaluation
LTC’s present threat rating means it’s a comparatively low threat funding. Traders primarily involved with threat evaluation will discover this rating most helpful as a way to keep away from (or doubtlessly search out) dangerous investments.
LTC has traded -1.78% decrease over the previous 24 hours to its present worth of $88.77. 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 $6,400,824,121.89 whereas $677,138,503.44 value of the coin has traded over the past 24 hours. The value change in relation to the diploma of quantity and market cap modifications provides Litecoin a low threat score.
Abstract
Current worth motion of LTC provides the cryptocurrency a low threat rating because of previous 24 hours of worth volatility in relation to quantity modifications, giving merchants motive to be assured on the coin’s manipulability in the mean time.
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