- Bullish AUDIO price prediction ranges from $1.44 to $3.19.
- AUDIO price might also reach $5 soon.
- AUDIO bearish market price prediction for 2022 is $0.52.
This Audius (AUDIO) price prediction 2022 article is based on technical analysis. Below, you will see the key confluences why we arrived at our Audius (AUDIO) price analysis and prediction.
The cryptocurrency market is growing steadily and gaining momentum with the total market capitalization of all cryptocurrencies tending towards $1.89 trillion according to CoinMarketCap. The price of AUDIO has decreased by over 45% in the past 1 year.
In this Audius (AUDIO) price analysis and price prediction, we take a look at the performance of AUDIO and if it will reach $100 by the end of 2022. But before that, let us look at what is Audius (AUDIO)?
What is Audius (AUDIO)?
Audius is a decentralized music streaming protocol initially built on the POA network, but now living on Solana. Audius was launched to remedy the inefficiencies of the music industry, which is plagued by intransparent music rights ownership and intermediaries standing between artists and their audience. The Audius ecosystem consists of four main participants: artists, fans, content nodes, and discovery nodes.
Audius aims to align the interests of artists, fans, and node operators through its platform powered by its native AUDIO token. Artists can upload music, stored and distributed by content and discovery nodes, that fans can listen to for free. Currently, Audius rewards content creators through rewards like featuring in the weekly trending lists. In the future, it plans to integrate stablecoins for artists to offer paid content, as well as artist tokens that give fans the ability to access exclusive content, potentially cooperating with platforms like Rally.
Current Market Status for Audius (AUDIO)
At the time of writing, the price of Audius (AUDIO) is $1.29 with a 24-hour trading volume of $133,544,630 and an increase in the price of 0.59%.
The present circulating supply of AUDIO is 620,805,326.00 AUDIO. Some of the major crypto exchanges for AUDIO are Binance, FTX, Kucoin, Gate.io, Kraken, Huobi Global, and others.
Now that we have seen the present status of Audius (AUDIO) in the market, let’s look at the price analysis of AUDIO.
Audius (AUDIO) Price Analysis 2022
Audius (AUDIO) is in the 93rd position in the market capitalization of cryptocurrencies according to CoinMarketCap. It has increased by 13.6% in the past 7 days.
But will the recent changes and development in the blockchain help the digital currency price to reach higher? Let’s proceed to the charts in this AUDIO price prediction article.
Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for AUDIO/USDT, we can deduce that the price of Audius might get bullish in some days since the price is almost breaking out at the first half of the channel from the top. However, in the long-term, the price might get bullish since top cryptocurrencies like Bitcoin and Ethereum are already getting bearish from the recent bullish run.
The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of the 1Day chart is 55.23. This shows that AUDIO is showing a strong trend since its RSI lies between 50 and 70. This value can trigger a bullish or bearish run if investors reposition themselves either towards the buyers or sellers.
From the chart above, the 200-MA is above the 100-MA which means that long-term investors would gain. However, since the gap between the two moving averages is wide and the 100-MA is not touching some previous candlestick, the price of the coin might increase soon.
Audius (AUDIO) Price Prediction
The chart below shows that AUDIO has performed great over the past few days. If this trend continues, Audius might run along with the bulls, overtaking its $1.44 resistance1 level and climbing higher to $3.19 at the resistance4 level, the 2022 bullish signal.
Conversely, if the investors turn against the crypto, the bears might take over and dethrone AUDIO from its uptrend position. In simpler terms, the price of AUDIO might plummet to almost $0.52, a bearish signal.
Meanwhile, our long-term Audius (AUDIO) price prediction for 2022 is bullish. It has a low possibility of surpassing its current all-time-high (ATH) at about $4.99 according to CoinMarketCap this year. However, that will only happen if it breaks many previous psychological resistances.
Audius (AUDIO) Price Prediction 2022
If this bullish trend continues, Audius will reach $3.19 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $1.44. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $4 is quite optimistic in the price point of view but undoubtedly feasible for the near future.
Audius (AUDIO) Price Prediction 2023
The price of Audius (AUDIO) can move even great heights, however reaching $8 Moreover, this is possible only if the market maintains its bullish trend. In addition, only if the cryptocurrency AUDIO breaks past the psychological resistance level.
Audius (AUDIO) Price Prediction 2024
The price of the AUDIO can move even great heights, however reaching $16 Moreover, this is possible only if the market maintains its bullish trend. In addition, only if the cryptocurrency Audius breaks past the psychological resistance level.
Audius (AUDIO) Price Prediction 2025
In the next four years, AUDIO prices could race up to $30. However, reaching this level could not be so difficult for AUDIO as an additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that Audius has a high possibility of reaching a new ATH soon in the next five years as per the prediction.
Audius (AUDIO) Price Prediction 2026
As per the latest upgrades, developments, Audius price prediction, and new project forecasts of the platform. Moreover, this might boost the price of AUDIO in the crypto market, and it will be the best investment as the price can spike and reach around $100.
Conclusion
Audius has a bright future ahead of it from 2022 to 2026. With ongoing developments happening within the Audius ecosystem, as well as in the overall crypto market, we may see AUDIO reach new heights.
Meanwhile, our long-term AUDIO price prediction for 2022 is bullish. In addition, it has a high possibility of surpassing over $3.14 and may reach above $4 this year. However, that will only happen if it breaks past many psychological resistances. As said above, AUDIO may even reach $4 if investors have decided that Audius is a good investment in 2022, along with mainstream cryptocurrencies.
FAQ
Audius is a decentralized music streaming protocol initially built on POA network, but now living on Solana. Audius was launched to remedy the inefficiencies of the music industry, which is plagued by intransparent music rights ownership and intermediaries standing between artists and their audience.
Like other digital assets in the crypto world, AUDIO can be traded on many exchanges. Users can obtain Audius tokens by purchasing them from cryptocurrency exchanges such as Binance, Kucoin, Gate.io, and others.
Audius is considered one of the top-rising cryptocurrencies this year. It is a good investment in 2022. However, crypto traders need to take extra care when trading in cryptocurrencies, as they are highly volatile.
Yes, for as long as the investors and the bullish market continue to side with the crypto.
AUDIO price may reach $5 in this year if the crypto keeps pumping its growth rate.
AUDIO is one of the active digital assets in the crypto market. With more interest in lending and saving protocols, its price will surely surge.
AUDIO price is expected to reach between $1.44 and $3.19 by 2022.
Audius (AUDIO) price is expected to reach $8 by 2023.
Audius (AUDIO) price is expected to reach $16 by 2024.
Audius (AUDIO) price is expected to reach $30 by 2025.
Audius (AUDIO) price is expected to reach $100 by 2026.
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.
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