- AUDIO coin price has been showing an upside correction and can soon see a new high. In contrast, it has seen a gain of more than 3.5% in the past 24 hours.
- Technical indicators of Audius coin price suggest a strong upside trend. Meanwhile, the AUDIO/BTC pair has seen a gain of more than 9.9% in the intraday session.
Why Invest In AUDIO Crypto?
Audius crypto is currently seeing a recovery in the daily chart after a downfall and can soon see a previous high in the future. AUDIO coin price is currently exchanging close to the worth of $1.81 and has seen an upside rally of 10% in the past 24 hours. It is a decentralized music streaming protocol that is now live on the Solana. It was conceived to remove the inefficiencies in the music industry. The current industry is blamed by music rights ownership and intermediaries between artists and audiences. It aims to align the interest of music owners, audiences, and various others. One can invest in Audius as per their needs and risk capacity.
Audius coin is currently ranked 98th in the CMC and has a market dominance equivalent to 0.01%. The volume of the AUDIO has seen a little jump in the past 24 hours. The volume to market cap ratio of the token hints towards a downside momentum in the price.
Technical Indicators Of Audio Crypto Price Suggests A Strong Upside Trend
The weekly chart of AUDIO hints that the “Bulls Are On Roar” and can soon see a new high in the future. On coming to the daily chart, the coin price is seeing recovery after a major fall down to a lower level. The upside momentum of Audius may see a hostility near the value of $2.5. Meanwhile, the bounceback of the coin can be seen near $1.5. If the asset price sees a rally of 15 to 20% above then a strong upside momentum can be seen. AUDIO/BTC pair can also see a strong upside momentum in the future.
Conclusion
AUDIO coin price is currently seeing a recovery and can soon see a new high. AUDIO/BTC pair can also see a new high in the future.
Technical Levels
Major Resistance: $2.5
Major Support: $1.5