Is Aion (AION) Trending Lower or Higher Friday?

InvestorsObserver gives Aion a weak long-term technical score of 5 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the coin's support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it's a strong buy-and-hold investment opportunity currently for traders. AION at this time has a superior long-term technical analysis score than 5% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover coins that have bottomed out.

InvestorsObserver is giving Aion a 5 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Aion!

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Trading Analysis

The current trading price of $0.001354206 for AION is -$0.0171735 (-92.69%) below the coins 100-day moving average of $0.018527697. AION meanwhile is $0.0003234 (-1066976.80%) above its 52-week low of $0.001030823 and -$0.08240979 (-11936.69%) under its 52-week high price of $0.083763994. Aion's current price relative to the coins long-term average and 52-week high and low, gives the crypto an average long-term technical score of 5. The price movement and range of AION suggest that investors are bearish on the coin at this time. Aion has a market capitalization of $679,141.11 and a relatively low average daily volume with $3,113.22 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, AION's volume is below its seven day average with 325.17 exchanged. This coin's subclass Payments/Other: A coin used as payment for good and services or middle-man platform that allows investors to use other cryptocurrencies for payments, money transfers, withdrawals, deposits, and other functions. These coins are typically more specialized than the Digital Money coins that try to replicate all the functions of cash.

Summary

Technical analysis of Aion over the past year results in the crypto receiving a a weak long-term technical score of 5 as its price movement in that time has given traders reason to be bearish on the coin in the long-term. Click Here to get the full Report on Aion (AION).