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- AEVO token price has been down by 88% from its all-time high price of $4.46.
- The sentiment of the Aevo token is bearish, as per the analysts.
The Aevo token’s price volatility was certainly high at press time, resulting in 10.75%. This might lead to uncertain spikes in the price of the token.
The AEVO token’s market cap dominance was 0.02%, followed by a market cap of $448.559M. Also, the token’s market cap ranking was #137 in the global crypto market.
The token’s liquidity is high, as the volume/market cap ratio was 11.47%, followed by the traded volume worth $51.882M. This showed that buying and selling the token in different market conditions would be easy.
The token’s circulating supply was 860.652M AEVO, 86.07% of the total supply. Also, the token’s total and maximum supply were the same, resulting in 1.0B AEVO. This further resulted in a fully diluted market cap of $523.299M.
A decline of 6.7% in the token’s derivatives traded volume was noted, resulting in a traded value of $103.92M. The token’s open interest further advanced by 10.3% in the last 24 hours from the press time.
Higher short liquidations worth $124.06K were recorded, against which the longs liquidated were worth $29.36K. This showed the bulls’ dominance in the AEVO token price.
Holders Overview Of AEVO Token Price
The token’s largest holder holds 27.72% of the total supply, resulting in 277.193M AEVO.
The CoinCarp holders chart showed a consistent rise in the number of token holders over time. The token had 42.9K holding addresses; the top 10 holders held 88.13% of the total supply.
The token’s total value locked was worth $448.11M, which has advanced over time. This was followed by options premium volume of $134.6K in the last 24 hours.
AEVO Technical Analysis
Consistent lower lows have been formed on the AEVO token’s daily chart, followed by a strong downtrend.
Following the most recent price action, the token price tried to advance from the lower levels. It broke out above a crucial resistance level, acting as a strong resistance.
The following breakout in price seemed to be a hope. However, the token price later failed to sustain the higher level and declined below the breakout levels.
The AEVO token price is trying to rebound, and it breaks above the resistance again and sustains above the same for a small period. A surge in the price to the higher resistance levels might be witnessed.
AEVO/USD Chart by TradingView.com
The AEVO token price traded below the 50-day EMA, followed by a bearish crossover of the 50-day and the 200-day EMA.
The MACD and the signal line overlapped at the median level, exhibiting neutrality in price.
The RSI seemed volatile as it failed to sustain above the 50-level and declined below the 14-day SMA.
AEVO Struggling to sustain the Breakout
AEVO token has been struggling to sustain its recent breakout, with the price down 88% from its all-time high. High volatility and a bearish sentiment dominate despite strong liquidity and market cap.
Technical indicators suggested neutrality, and the token’s future performance remained uncertain amidst fluctuating market conditions.
The support level for the AEVO token price is 0.3390 and $0.440, followed by the resistances of $1.060 and $1.520.
Disclaimer
This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
