menu
techminis

A naukri.com initiative

google-web-stories
source image

TheNewsCrypto

1M

read

392

img
dot

Audius Price Action Shows Potential Reversal After 70% Decline

  • Audius (AUDIO) has experienced a 70% decline from its December 2024 peak of $0.25, currently trading at $0.07981 in a continued bearish trend.
  • The token is trading below major EMAs, with the 200-day EMA at $0.10537 serving as a significant resistance level.
  • Recent price action includes a minor bounce, with a 6% surge in the last 24 hours and a notable increase in trading volume, indicating some bullish sentiment.
  • Technical indicators such as RSI and MACD suggest a potential stabilization and easing of selling pressure, although the market is still in a bearish condition with resistance levels to overcome for a potential reversal.

Read Full Article

like

23 Likes

For uninterrupted reading, download the app