Investors The AXEL analysis gives an average risk rating. The proprietary system calculates the amount of funds required to move the price over the past 24 hours with changes in volume and market value to detect whether cryptocurrencies can be easily manipulated by limited trading activity. Low values represent high risk while high points equal low risk based on a range from 0 to 100.
The AXEL Risk Scale rating shows that the token is currently a medium-risk investment. Traders who focus on assessing risk will find the most useful measure to avoid (or add) to risky investments. AXEL has been trading down 7.51% in the past 24 hours to its current price of $0.17. This shift occurred when the volume was below its mean and the market capitalization of the token increased. The cryptocurrency now has a market capitalization of $49,406,083.94 while $395,038.72 of the token has been traded in the past 24 hours. The price change in relation to volume and market value changes gives AXEL a medium risk rating.
AXEL’s price action over the past day of trading results in a medium risk rating as recent price action relative to trading volume gives traders a reason not to be overly concerned about the possibility of the symbol being manipulated just yet. Click here for the full report on AXEL (AXEL).