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

Thursday, September 22, 2022 06:08 AM | InvestorsObserver Analysts
Audius (AUDIO) Rises 2.21%, Outperforms the Crypto Market Thursday

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.

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

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.

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