Aion receives an average long-term technical score of 46 InvestorsObserver‘s research is based on historical trading patterns. The proprietary rating system weighs price movements over the past few months up to a year, analyzing the coin’s support and resistance levels and where it stands in relation to long-term averages to determine if it’s a strong buy-and-hold investment opportunity acts. AION currently has a superior long-term technical analysis score as 46% of the cryptos in circulation. This ranking metric is most useful for buy-and-hold investors looking for strong, steady growth in allocating their wealth. Coins with high long- and short-term technical scores can help indicate assets that have bottomed and offer investors an opportunity to “buy the dip.”
AION’s current trading price of $0.037738233 is -$0.0007121 (-1.85%) below the coin’s 100-day moving average of $0.038450303. AION, meanwhile, is down $0.0155336 (-49369.26%) from its 52-week low of $0.022204632 and -$0.31059086 (-2860.01%) below its 52-week high of 0, $348329097. Aion’s current price relative to the coin’s long-term average and 52-week high and low gives the crypto an average long-term technical score of 46. AION’s price action and range suggest that investors are at this point are bearish on the coin. Aion has a total market value of $18,925,915.64 with an average daily volume of $9,291,116.11 of currency exchanged over a typical 24-hour period. Over the past 24 hours, AION’s volume has been below its average, totaling $891,393.19. This coin’s subclass Payments/Other: A coin used as payment for goods and services or as a middleman platform that allows investors to use other cryptocurrencies for payments, money transfers, withdrawals, deposits, and other functions. These coins tend to be more specialized than the Digital Money coins, which attempt to replicate all of the features of cash.
Trading patterns over the past year for Aion result in the coin’s average long-term technical score of 46, as its consistency, volatility, and relationship to the long-term averages have given investors reason to rate the coin negatively. Click here for the full report on Aion (AION).
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