Favourable Audius Price Outperforms Market Despite Crypto And Stock Market Uncertainty

40 sec read

It seems that at the moment, both Crypto and Stock Markets look incredibly uncertain. Posing the question where do you park your investments to ride out the storm and come up smiling for the next Bull run?

In comparison to other cryptocurrencies, Audius (AUDIO) has maintained relatively low volatility. A total of 0.2244157199 has been traded on Thursday, an increase of 2.21%.

Moderately Volatile

InvestorsObserver gives Audius a moderate volatility rank of 38, placing it in the bottom 38% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won’t make or break its rank.

AUDIO’s moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Audius price is in a favorable position going forward. With support set at $0.211667982698463 and resistance near $0.228853387595199. This positions Audius with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain.

View the source here

 

Via this site