Axion receives a strong short-term technical ranking of 81 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. AXN has a superior recent technical analysis than 81% of tokens based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.
is giving Axion a 81 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Axion!
Axion is $0.000002 (4.37%) above its 30-day low of $0.000042933 while -$0.000070 (-61.05%) below its 30-day high of $0.00011504. In addition, AXN's current price of $0.000044810 is under its 30-day moving average price of $0.000059396, leading to a strong short-term technical score. Overall the recent trading history of Axion suggest that investors are bullish on the token at the moment.
AXN has a low market cap compared to the majority of tokens with a total market value of $0.00. Axion's relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. Axion's average volume is low as $122,704.43 worth of the token is typically traded over a 24 hour period. AXN's volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. Over the past 24 hours AXN's volume is below its average with $17,989.07 exchanged.
Axion's trading over the past 30 days leads to its a strong short-term technical score due to recent price movement suggesting more bullish signals for traders on the token in the near future.
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