XRP Receives Low Risk Rating From Investors Analytics. The property registry system analyzes how much money is required to move the price in the last 24 hours. The scale looks at recent changes in volume and market value to assess the extent to which a currency can be manipulated through limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values corresponding to low risk.
The XRP Risk Scale rating shows that the coin is currently a low-risk investment. Traders who focus on assessing risk will find the most useful measure to avoid (or add) to risky investments. The price of XRP has decreased by 2.55% in the past 24 hours, bringing its current value to $0.76. 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 $36,056,633,056.66, while $1,907,174,280.62 of the coin has been traded in the past 24 hours. Fluctuations in price relative to changes in volume and changes in market capitalization give XRP a low risk analysis.
XRP’s price action over the past trading day results in a low risk rating as the recent price action relative to trading volume gives traders reason to be confident that the currency can be manipulated thus far. Click here for the full report on XRP (XRP).