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AIOZUSDT Perpetual Contract

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AIOZUSDT.P trade ideas

Are The Bulls Of AIOZ Targeting For The $1.5 Threshold?AIOZ network has a market cap of $841 Million and is ranked 89th in the CMC. AIOZ token has a total supply of 1,093,515,330 AIOZ in which 100% is circulating in the market. The volume of the token has seen a decline of 37% in the intraday session while the asset price is trading near the value of $0.7698. The token price is currently forming consolidated candles on the daily chart. It is trading above the 50 and 200 EMA. The upside momentum of the asset price can see a halt near $1. Meanwhile the support for AIOZ token price can be seen near $0.5. RSI and MACD for the AIOZ token is at the neutral zone. The overall sentiment of both the technical indicators are consolidating.
by Ritika_TCR
Will the $0.26 resistance level be broken?Aioz Network (AIOZ), a content delivery network that distributes bandwidth while lowering costs, has also been added to Coinbase's platform.nAccording to the project's website, it is fully interoperable with the Ethereum and Cosmos blockchains, as well as capable of providing instant finality and low transaction fees. Aioz Network initially soared 38.4 percent from $0.13 to above $0.18 following the Coinbase announcement. Bullish Scenario: If AIOZ manages to break above the resistance level at $0.26 then it would be a bullish sign. If it gains some momentum and buying pressure builds up then we might test the next resistance level at $0.30 and $0.34. Breaking above $0.34 price level with significant buying volume will lead to a good chance of crossing above $0.50. Bearish Scenario: AIOZ has been in a downtrend channel since the last few weeks. However, if the $0.20 support level is not maintained, the price will fall to $0.16, $0.12, and even lower sooner or later.
Long
by AltcoinBuzzTrading