- The AUDIO token price sustains above the several EMA’s during intraday.
- The 24-hour trading volume is at $26 million.
- AUDIO/BTC pair is trading positive by 0.8% at 0.00003761 BTC.
Moving Average (EMA) In the AUDIO token daily price chart containing 8,13,21,55 EMA, it is a reliable support for currency price movements. Investors can find that price moves below the yellow line and guarantee an Audius uptrend as long as prices are above the moving average.
The volume (1.63 M) is close to the 20-day moving average (11.061 M). The volume is low, so the cost is struggling for several days. Investors may also mark a decrease in volume. This indicates that unusual changes are normal on the following trading days.
AUDIO Token Price Gradually Moving Towards The Resistance
The daily price chart of the AUDIO token got a pullback from the support zone. Depending on the price action, the support area is within $1.80 – $2.0. On the flip side, the resistance range to look for is around $3.0 – $3.50.
The RSI showed a signal of 52 (bullish) with a short-term buy sign. Investors may find that the indicator’s RSI line is sloping upside. A surge can happen on future trading days.
The MACD shows a (bearish) cross below the signal line on November 11, indicating a sell signal for the currency. In addition, investors can see red bars in the histogram indicator.
Conclusion
Audius is currently trading at $2.42 on a 24-hour trading volume of $26,274,745. AUDIO Token prices have fallen by -0.1% in the past 24 hours. There are 500 million AUDIO coins in circulation, for a total of 1.06 billion coins.
RSI and MACD indicate a buy signal. Traders have directed low volume. In fact, the cost got pulled back from the support zone. A market overview also shows that this pattern will continue to surge in the coming trading days.
Resistance Level: $3.0 & 3.50
Support Level: $1.80 & $2.0