AUDIO has been making immense gains during the past 24 hours. It has been on a rally during the past two weeks, as its 14-day gains come in at over 45%. While it is yet to reach its all-time highs, the gains made are significant because they have allowed the coin to make gains despite the broader market being in a consolidation phase.
AUDIO is trading at $2.83 at the time of writing after a 22.4% gain in the past 24 hours.
AUDIO Price Analysis
Since the beginning of the month, AUDIO’s volatility has been high, but this has not prevented the coin from making major gains.
AUDIO is showing signs of strong market support; therefore, it could continue pushing to higher levels. The coin’s next resistance lies at $2.90, and despite failing to touch these levels during the 24-hour bullish rally, we could see a similar action happening again if the token’s demand continues to be high.
On the other hand, the token could also dip towards lower levels if the current support fades. In this case, it will drop to the lower support level of $2.75. Before the 24-hour bullish rally, the coin was trading at the lows of around $2.19. Over the past few weeks, the token has managed to stay above $2, which is a major gain.
The AUDIO token came into the limelight in August after the Audius blockchain was adopted by TikTok as a sound streaming platform. The news gave AUDIO a major breakout, given that TikTok is currently among the most popular social media platforms.
Where to Buy AUDIO
If you want to buy AUDIO during the current bullish rally, you can create a cryptocurrency exchange on the following platforms:
eToro is one of the leading cryptocurrency exchange platforms. It supports unique features such as copy trading that allows a new trader to copy the trading strategy used by an expert trader. It also charges low trading fees and commissions.
You can also buy AUDIO from Crypto.com. This is also another leading cryptocurrency exchange platform. This exchange supports a wide range of cryptocurrencies and trading pairs, making it ideal for traders who want to diversify their portfolios.
Your capital is at risk.