A risk rating of average is assigned to Ethereum by InvestorsObserver analysis. The in-house scoring system examines the amount of money needed to change the pricing in the previous day. To determine how much a coin can be manipulated by limited trade, the metric examines recent changes in volume and market capitalization. The score is on a scale from 0 to 100, where low numbers indicate high risk and high values indicate low risk.
Analysis of Trade
Based on its current risk score, ETH is classified as a moderately risky investment. This score will be most helpful to investors who are primarily concerned with risk assessment so they can steer clear of (or possibly pursue) riskier investments.

Over the last 24 hours, ETH’s price has dropped by -0.80% to $2,467.79. This change has happened as the coin’s market capitalization has decreased and volume is below average. The market capitalization of the cryptocurrency is currently $296,566,627,473.19, and throughout the past day, $9,846,543,486.68 worth of coins have exchanged hands. Ethereum has an average risk rating based on price variations relative to volume and market cap fluctuations.
In brief
Due to ETH’s price volatility and variations in trading volume over the past 24 hours, an average risk analysis has been produced. This gives investors cause for optimism over the coin’s current manipulability.

SEE ALSO: When Will Ethereum 2.0 Be Released?

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