Audius (AUDIO) Rises 2.21%, Outperforms the Crypto Market Thursday

Thursday, September 22, 2022 06:08 AM | InvestorsObserver Analysts

Audius (AUDIO) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Media, Music and Content has advanced 2.21% to $0.2244157199.

InvestorsObserver is giving Audius a 38 Volatility Rank. Find out what this means to you and get the rest of the rankings on Audius!

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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.