AurusX USD (AXUSD) Holds Steady Despite Market Challenges
Despite significant market shifts, AurusX USD (AXUSD) maintains a steady price level. As of today, AXUSD is priced at $0.01951237, showing no movement from its previous close. With its volume dropping to just 11 compared to an average of 143, are there undercurrents in play? Here’s what the data reveals about AXUSD.
Current Price Stability
AXUSD remains unchanged today, holding firm at $0.01951237. With zero percentage change in both the short and long term, it seems to be in a state of equilibrium. However, this might not be as stable as it appears. The market cap stands at a modest $55,686, and the trading volume has plummeted to 11, indicating a substantial lack of trading activity.
Technical Analysis Highlights
When diving into the technical indicators, several points stand out. AXUSD’s RSI is at 0.00, reflecting a position of extreme oversold status. The MACD and its signal line both sit at 0.00, indicating a lack of momentum. Additionally, with the ATR at 0.00, volatility seems absent. Keltner Channels suggest a stable band around the $0.02 mark.
Market Sentiment and Long-term View
The broader market sentiment shows a significant decline over time, with Year-To-Date change at -91.59% and a staggering 3-Year drop of -99.29%. These figures place AXUSD in a markedly bearish long-term outlook. Despite the constancy of current prices, forecasts remain cautiously negative, aligning at $0 for the upcoming years. Forecasts can change due to macroeconomic shifts, regulations, or unexpected events affecting the crypto market.
Prospects and Applications
Meyka AI’s insights suggest monitoring AXUSD for potential recovery, particularly given its historical high of $0.64376. If the crypto market turns, AXUSD might experience an oversold bounce due to its significantly low position. Yet, investors remain wary amidst such a speculative environment.
Final Thoughts
AXUSD’s current zero change might seem substantial, but underlying data draw a complex picture. With deep declines across long-term metrics and absent technical signals, the crypto remains in a critical state. Ongoing monitoring is crucial, as shifts in the broader market or unexpected events could redefine its trajectory.
FAQs
The current price of AXUSD is $0.01951237, with no change from the previous day. Visit AXUSD for more details.
The lack of price movement indicates low trading activity and market interest, with volume significantly below average at 11 compared to 143 on average.
Technical indicators, such as an RSI of 0.00 and MACD at 0.00, suggest extreme oversold conditions and lack of momentum, pointing to a flat market outlook.
Yes, AXUSD has seen a dramatic decline with a 1-Year change of -94.10% and a 5-Year change of -99.30%. See more: AXUSD.
Forecasts currently predict $0 value over the next few years, but these can change due to broader market conditions or surprises in the crypto world. Always check for updates.
Disclaimer:
Cryptocurrency markets are highly volatile. This content is for informational purposes only. The Forecast Prediction Model is provided for informational purposes only and should not be considered financial advice. Meyka AI PTY LTD provides market data and sentiment analysis, not financial advice. Always do your own research and consider consulting a licensed financial advisor before making investment decisions.
