What’s Next for Very Bearish Rated Axis DeFi (AXIS)?

Axis DeFi (AXIS) gets a very bearish rating from InvestorsObserver Friday. The crypto is down 51.29% to $0.1466972148 while the broader crypto market is down 13.01%.

Axis DeFi has a Very Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on Axis DeFi!

Very Bearish

Over the last five days, Axis DeFi has earned a Very Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Axis DeFi over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

Axis DeFi is currently trading near its five-day low of $0.14669721480929. The crypto is 73.28% off its five-day high and is 0.00% than its five-day low of $0.14669721480929.

Axis DeFi price is currently below support. With support set around $0.217718549170251 and resistance at $0.440017916359659, Axis DeFi is potentially in volatile territory as selling pushes the crypto’s price below recent support.

Axis DeFi has traded on low volume recently. This means that today’s volume is below its average volume over the past seven days.

What is a token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on Axis DeFi