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      Audius (AUDIO) Coin – On its way to above $3? - Stocks Telegraph

      By Ammar Mukhtar

      Published on

      November 19, 2021

      4:43 AM UTC

      Audius (AUDIO) Coin – On its way to above $3? - Stocks Telegraph

      According to coinmarketcap, the total supply of AUDIO is around 1B AUDIO and the circulating supply is around 504M AUDIO. It holds the 90th rank according to market cap and has a market dominance of about 0.05%.

      At the time of writing AUDIO is being traded at the price of $2.53 with an increase of almost 11.90% in the last 24 hours. AUDIO is a really strong token fundamentally. The maximum and minimum today are $3.69 and $2.12 respectively. The daily trading volume has also increased by almost 1402%. AUDIO had created its ATH in March 2021 and reached a price of almost $4.990. The price later dropped down to a price of $0.590. The past two months have been bullish. In November, the price reached a value of $4.148.

      Technical Analysis-  AUDIUS (AUDIO)

      We can see that AUDIO was respecting the trend line and that it acted as strong resistance to the movement of AUDIO. But recently that wick to the upwards had taken all the liquidity and now the price has the necessary fuel to rally to a certain direction.

      We can see that on the lower side we can see that there is liquidity present which can drive the price down. Moreover, the rejection from the trend line and the presence of the daily order block can also drive the price down.

      AUDIO - DTF

      Now if that zone holds we can expect a similar movement as shown in the chart which would take it back to the trend line. If the momentum is strong we can expect the price to break above this trend line but it is quite a strong resistance as the price has dropped down often from this. If this zone doesn’t hold we can see even more damage to the market but it is highly unlikely to happen.

      Price Prediction –  AUDIUS

      AUDIO is a really strong token. Their platform has a huge amount of users and every day is growing more and more. As a result, we can expect growth in the price in the future. According to wallet investor, AUDIO is expected to reach a value of around $4.545 in a year and is expected to reach a value of $12.893 in five years.

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