 ​
Axis DeFi receives an average long-term technical score of 52 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.
AXIS currently holds a superior long-term technical analysis score than 52% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to ‘buy the dip’.
Trading Analysis
The current trading price of $0.027759825 for AXIS is -$0.0012064 (-4.16%) below the tokens 100-day moving average of $0.028966267. AXIS meanwhile is $0.0111211 (-65944.15%) above its 52-week low of $0.016638685 and -$0.10982900 (-7247.86%) under its 52-week high price of $0.137588829. Axis DeFi’s current price relative to the tokens long-term average and 52-week high and low, gives the crypto an average long-term technical score of 52. The price movement and range of AXIS suggest that investors are neutral on the token at this time.
Axis DeFi has a market capitalization of $57,862.61 and a relatively low average daily volume with $209,724.70 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, AXIS’s volume is below its seven day average with 32,755.63 exchanged.
Summary
Technical analysis of Axis DeFi over the past year results in the crypto receiving a an average long-term technical score of 52 as its price movement in that time has given traders reason to be neutral on the token in the long-term.Click Here to get the full Report on Axis DeFi (AXIS).Â
Post Disclaimer
The information provided in our posts or blogs are for educational and informative purposes only. We do not guarantee the accuracy, completeness or suitability of the information. We do not provide financial or investment advice. Readers should always seek professional advice before making any financial or investment decisions based on the information provided in our content. We will not be held responsible for any losses, damages or consequences that may arise from relying on the information provided in our content.
