Thu, May 29

Audius Price Action Shows Potential Reversal After 70% Decline

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  • AUDIO down 70% from its December 2024 peak of $0.25, currently trading at $0.07981 in an extended bearish trend.
  • Audius price trading below all major EMAs, with the 200-day EMA at $0.10537 acting as a key overhead resistance level.

Audius’s token has fallen sharply since it reached $0.25 in December 2024, now trading at $0.07981 after losing around 70% of its value. Throughout the first half of 2025, the market’s price movement shows a typical bear market structure, with lower highs and lower lows.

The current price is below the 100-day and 200-day EMAs, and these averages form a stack that has stopped any attempts at rising. Since the start of the decline, price has not managed to move above the 200-day EMA at $0.10537, which is now a key overhead resistance. The line connecting the highs in December with the lower highs that followed shows the market is still in a bearish condition.

However, AUDIO demonstrated a minor bounce in recent times. As per CMC data, in the last 24 hours, it surged by almost 6%, and its trading volume increased by 462%, showcasing bullishness.

Will Audius (AUDIO) Make a Comeback?

Source: Tradingview

Even so, the latest price changes suggest things may be stabilizing. RSI has a reading of 52.84, which is neutral now and above the oversold levels it reached earlier in the year. Such a change from the previous strong bearish sentiment may suggest that selling pressure is easing. 

A rally in the RSI when the price remains flat or rises slightly, after the RSI was very low, can signal that a reversal may be coming for technical traders.

Recent readings of the Social Sentiment indicator have shown both positive and negative periods. The neutral reading of -0.06935 means investors are unsure what can happen at important market changes. 

At the same time, the MACD indicator is still below zero but hints at coming together, as the bars on the histogram are now less negative. It appears from the MACD and sentiment indicators that the downward trend is still in place, but the intensity of selling has dropped a lot. The price seems to have found support where it is now, which could help it recover in the future.

Bulls will only be in charge again if AUDIO can first overcome the resistance at $0.08500 and then test the falling trend line. If the price falls below $0.07000, it could lead to a drop toward important psychological support levels. The current stage of consolidation will probably set the direction of the token for the near future.

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