Axis DeFi (AXIS) gets a bullish rating from InvestorsObserver Thursday. The token is up 39.59% to $0.05083428055 while the broader crypto market is up 6.47%.
Over the last five days, Axis DeFi has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Axis DeFi over the past five days by volume and price movement.
The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.
Axis DeFi is currently trading near its five-day high of $0.0513716135912677. The token is 1.05% off its five-day high and is 44.60% higher than its five-day low of $0.0351547934114933.
Axis DeFi price is currently above resistance. With support set around $0.0352753358773568 and resistance at $0.0374964955143312, Axis DeFi is potentially in a volatile position if the rally burns out.
Axis DeFi has traded on low volume recently. This means that today’s volume is below its average volume over the past seven days.
What is a token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
Due to a lack of data, this crypto may be less suitable for some investors.
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