Recent Frax (FRAX) trading analysis of the price history shows that its prevailing risk score makes FRAX a relatively low to moderate risk investment…
Frax achieves a low risk analysis based on InvestorsObserver research. The proprietary system gauges how much a token can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with analysis of recent changes in volume and market cap. The gauge is between 0 and 100 with lower scores equating to higher risk while higher values represent lower risk.
FRAX’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 Frax is -0.11% lower over the last 24 hours, leading to its current value of $1.00. 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 $1,426,901,401.40, meanwhile $8,853,437.90 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 Frax a low risk analysis.
Recent price movement of FRAX gives the cryptocurrency a low risk score due to past 24 hours of price volatility in relation to volume changes, giving traders reason to be confident on the token’s manipulability at the moment.
Click Here to get the full Report on Frax (FRAX).