AUDIO Price Hikes by Over 25% Due to Coinbase’s RoadMap Inclusion
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- Audius’ inclusion in Coinbase’s roadmap elevates traders’ confidence.
- Bears’ effort to control the market foiled as support is found at $0.2593.
- If bulls are to succeed, resistance must be retained.
Since the announcement on January 24 that Audius (AUDIO) has been formally added to the listing roadmap for cryptocurrency exchange Coinbase, market sentiment has remained positive. Bears took control in the previous 24 hours, but it was short-lived since support was found at $0.2593. This bear run was countered by the bulls, who drove the price up to $0.3386, a 26.87% increase.
During the upturn, market capitalization increased by 20.51% to $316,863,424 due to increased excitement and confidence in a predicted bull run. However, with the 24-hour trading volume falling by 56.15% to $211,295,260, a reversal could be on the way, indicating that traders are cashing out profits.
The post AUDIO Price Hikes by Over 25% Due to Coinbase’s RoadMap Inclusion appeared first on Coin Edition.
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