Audius (AUDIO)
1. Fundamental Analysis
1.1 Introduce
AUDIO enables network security, exclusive feature access, and community-owned governance. The Audius protocol gives everyone the freedom to share, monetize, and listen to any audio.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | AUDIO | Market Cap | 203415685.2 |
| Name | Audius | White Paper | -- |
| Web Site | https://audius.co | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1284957043.220159 | |
| Supply | 1284957043.220159 | Release Date | 2020-10-24 |
| Available Supply | 1284920000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line chart analysis suggests a market that has experienced significant volatility with a trend of fluctuating prices. The opening and closing prices indicate a general downward trend over the analyzed period, with several instances of price reversals and consolidation. The volume data shows periods of high trading activity, which often correlate with significant price movements.
The following is a summary of the observed patterns and potential future trends:
- Price Trend: The overall trend is downward, with the exception of a brief upward movement in late December 2024.
- Volatility: The market has been highly volatile, with wide ranges in both the high and low prices.
- Reversals: There have been several instances where the closing price was lower than the opening price, indicating bearish sentiment.
- Consolidation: The market has shown periods of consolidation, where prices remain within a relatively narrow range.
- Volume: High trading volumes often coincide with significant price movements, suggesting that these periods may be pivotal in determining future trends.
Potential Future Trends:
- Downward Trend Continuation: The downward trend may continue, with the market potentially reaching new lower highs.
- Reversal to Uptrend: There is a possibility of a reversal to an uptrend, especially if the market can sustain higher closing prices.
- Volatility Reduction: The market may experience a reduction in volatility, leading to more stable price movements.
- Consolidation Period: The market may enter a consolidation phase, where prices remain within a narrow range for an extended period.
It is important to note that these conclusions are based solely on the provided K-line data and do not account for external factors that may influence market dynamics.
