InvestorsObserver gives Axis DeFi a strong long-term technical score of 85 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token’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.
AXIS at this time has a superior long-term technical analysis score than 85% 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 tokens that have bottomed out.
Trading Analysis
AXIS is currently -$0.0159585 (-43.22%) below its 100-day moving average price of $0.036919515 with its current price of $0.020961064. Meanwhile, Axis DeFi is $0.0119690 (-122096.58%) above its 52-week low price of $0.008992094 and -$0.87689475 (-1111.43%) below its 52-week high of $0.897855818. The current price relative to its moving average and 52-week high and low leads to a strong long-term technical score of 85. Trends for the long-term trading history of Axis DeFi suggest that traders are currently neutral on the token.
Axis DeFi has a total market value of $43,691.26 with an low average daily volume of $64,362.32 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, AXIS’s volume is below its average with $12,166.97 exchanged in total.
Summary
AXIS’s historical trading over the past year gives it a a strong long-term technical score of 85 as its price movement in that time has given investors reason to be neutral on the token in the long-term.
Click Here to get the full Report on Axis DeFi (AXIS).
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