InvestorsObserver analysts have conducted an in-depth analysis of Quantum Resistant Ledger (QRL) and have classified it as a high-risk investment. Their proprietary system assesses the manipulability of a coin by analyzing the amount of money required to influence its price in the past 24 hours, along with changes in volume and market cap. A risk/reward score of 0 to 100 is assigned, with lower scores indicating higher risk and higher scores indicating lower risk.
So, should investors sell Quantum Resistant Ledger (QRL)? The current risk score suggests that it is a relatively high-risk investment. Those who prioritize risk assessment may find this information useful in deciding whether to avoid or potentially seek out risky investments.
Over the last 24 hours, Quantum Resistant Ledger has experienced a price decrease of 23.54%, bringing its current price to $0.19. This price movement coincides with below-average trading volume and an increase in market capitalization. The coin’s market capitalization now stands at $13,004,597.15, with $227,080.01 worth of the crypto being exchanged in the past 24 hours. Considering the price movement in relation to recent changes in volume and market cap, QRL receives a high-risk assessment.
In summary, the recent price movement of QRL indicates a high risk ranking. Traders have reason to be concerned about the coin’s potential manipulability based on its recent price movement relative to trading volume.
Q: What is the risk/reward score?
A: The risk/reward score is a measure of how much a coin can be manipulated, with lower scores indicating higher risk and higher scores indicating lower risk.
Q: Why is Quantum Resistant Ledger considered a high-risk investment?
A: Quantum Resistant Ledger has been classified as high-risk due to its recent price movement and its vulnerability to manipulation based on trading volume.
Q: Should I sell Quantum Resistant Ledger (QRL)?
A: The decision to sell or hold Quantum Resistant Ledger depends on your risk tolerance and investment strategy. Consider the current risk assessment and consult with a financial advisor if needed.