I had a request to make a TA on this one.
This coin has in price level decreased so hard that it looks like a dead one, though market cap hasnt decreased that much, which means extra tokens have been minted or dumped..
It would be quite unimaginable if price would revisit ATH, as there at around end of April 2018, more tokens have gone into circulation and thus demolished Aion's price level.
Now all tokens are in circulation, so there's only one way.. UP I would say..
Revisit and bounce of the descending trendline could be possible, but after it should go up...
Target of 0.4, 0.8 and 2 usd.. maybe even more.. no idea.
I am not so much aware of the fundamentals, but if someone can enlighten me, please say so..
I know there's a digital bank that's called 'Aion' as well, but I don't think it is related.
Aion token has been listed exact 1 year ago on Binance, so that's a good sign as well I guess.. vs BTC, ETH and USDT.
It did a 4 x from Binance's low and is hovering exactly around the 50% FIB.. could still go sideways in the short term..
This coin has in price level decreased so hard that it looks like a dead one, though market cap hasnt decreased that much, which means extra tokens have been minted or dumped..
It would be quite unimaginable if price would revisit ATH, as there at around end of April 2018, more tokens have gone into circulation and thus demolished Aion's price level.
Now all tokens are in circulation, so there's only one way.. UP I would say..
Revisit and bounce of the descending trendline could be possible, but after it should go up...
Target of 0.4, 0.8 and 2 usd.. maybe even more.. no idea.
I am not so much aware of the fundamentals, but if someone can enlighten me, please say so..
I know there's a digital bank that's called 'Aion' as well, but I don't think it is related.
Aion token has been listed exact 1 year ago on Binance, so that's a good sign as well I guess.. vs BTC, ETH and USDT.
It did a 4 x from Binance's low and is hovering exactly around the 50% FIB.. could still go sideways in the short term..