DeFi

Does it Score Poorly on Long-Term Trading Metrics Tuesday?

Axis DeFi receives a strong long-term technical score of 96 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 96% 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’.

Long-Term Technical - 96
InvestorsObserver is giving Axis DeFi a 96 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Axis DeFi!

Trading Analysis

Axis DeFi’s price is $0.0300000 (108.89%) above its 100-day moving average price of $0.030000000 as its price at the moment sits at $0.060000000. Additionally, AXIS is $0.0500000 (-121685.42%) higher than its 52-week low price of $0.010000000 while -$0.49000000 (-1810.69%) under its 52-week high of $0.550000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives AXIS a strong long-term technical score of 96. Long-term trading movement of Axis DeFi suggest that investors are neutral on the token at the moment.

Axis DeFi currently has a total market cap of $120,755.64 to go along with its average daily volume of $413,227.98 worth of the currency over the past seven days. AXIS’s volume is below its seven day average as of the past 24 hours, with 56,267.30 exchanged in that period.

Summary

Trading patterns over the last year for Axis DeFi leads to the token’s a strong long-term technical score of 96 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token.

Click Here to get the full Report on Axis DeFi (AXIS).

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