Loopring Technical Analysis Thursday June 30 – Risk Guaged as Low

The Content On Thursday June 30th a proprietery system run by InvestorsObserver guaged Loopring (LRC) risk as “Low”. The system guages how much a crypto token may be manipulated by analyzing how much money transacted was able to shift its price over a 24 hour period, along with technical analysis of volume changes and market cap. Determining a score between 0 and 100 with lower scores meaning a higher risk and higher score shows a lower risk.

Trading Analysis

LRC’s current risk score means it is a relatively low risk investment. Investors primarily concerned with risk assessment will find this score most useful in order to avoid (or potentially seek out) risky investments.

The price of Loopring is -6.21% lower over the last 24 hours, leading to its current value of $0.37. The change in price goes along with volume being below its average level while the token’s market capitalization has fallen during the same time period. The crypto’s market capitalization is now $488,339,664.59, meanwhile $70,466,164.53 worth of the currency has been traded over the past 24 hours. The volatility in price relative to the changes in volume and market cap changes give Loopring a low risk analysis.

Summary

The price volatility of LRC over the last 24 hours results in a low risk analysis due to its price volatility in combination with changes in trading volume, giving investors a reason to be confident on the token’s manipulability as of now.

Click Here to get the full Report on Loopring (LRC).