While the bears are still making themselves known in the market, one crypto project is making leaps and bounds with it’s utility. Audius is at the forefront of the music industry revolution that is happening right now. They’re not the only player though in driving evolution and a new way for artists and fans alike to to benefit. The price may not be back to previous highs but then there’s very few coins that are, after all it’s a bear market.
But there’s no doubt as more and more artists start working with Audius and see the road ahead, then they’ll tell their artists friends who will tell their friends and before you know it’ll have some serious momentum.
For that reason Audius (AUDIO) gets an extremely bullish rating from InvestorsObserver on Monday. Compared to the broader crypto market, the crypto is up 3.06% to $0.2979017823.
Over the last five days, Audius has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Audius over the past five days by volume and price movement.
The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.
Audius is currently trading near its five-day high of $0.297956496477127. The crypto is 0.02% off its five-day high and is 16.17% higher than its five-day low of $0.256439477205277.
Audius price is currently above resistance. With support set around $0.28260582866202 and resistance at $0.294068993945223, Audius is potentially in a volatile position if the rally burns out.
Audius has traded on low volume recently. This means that today’s volume is below its average volume over the past seven days.
What is a token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
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