Solana (SOL) Do the Risks Outweigh the Rewards Tuesday?

Investors The analysis gives Solana 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.

Investors Solana confers a medium degree of risk/reward. Find out what this means for you and get the rest of the ratings in Solana!

Trading Analysis

The SOL Risk Scale score translates to a moderate risk investment for the time being. Portfolio managers who weigh risk assessment significantly will find this metric more relevant when trying to avoid (or discover) riskier investments. Solana’s price has decreased by 3.56% in the last 24 hours, bringing its current value to $138.00. The change in price is consistent with the volume being below its average while the market value of the currency has increased over the same time period. The cryptocurrency market cap is now $42,987,000,242.28 while $1,574,575,532.90 has been traded in the past 24 hours. Fluctuations in price relative to changes in volume and changes in market value give Solana an average risk analysis.

Abstract

The recent price action of the SOL cryptocurrency gives the cryptocurrency an average degree of risk due to price volatility over the past 24 hours in relation to volume changes, giving traders a reason not to be overly concerned about the possibility of currency manipulation at the moment. Click here for the full report on Solana (SOL).