🕋AION- Over 100 days of consolidation, support steps inThe price has been consolidating on 200EMA/key level for over 100days. Now as the mid channel support(purple) is coming in, it may have another chance to break above 0.1870 local resistance(red) and 0.2144(macro resistance). In case of a dump we can expect the price to find support somewhere in the zone of demand(green), possibly 0.1341.
Entry: buy as low as possible between local resistance 0.1870 and local support (0.1585)
Targets:
0.1870 (local resistance) -- and then:
0.2144
0.2390
0.2686
0.3174
0.3906
0.5553
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About AION:
Aion is the token used to secure and access The Open Application Network (OAN). Launched in 2018 in Canada, The OAN is a public network available to everyone. Managed by The Open Foundation, a registered not-for-profit organization, OAN aims to give the public an environment to create Open Apps.
The main purpose of The OAN is to facilitate interoperability between different blockchains, thus allowing users and developers to create a variety of applications. By making the AION token the core of the network, OAN enables users to execute smart contracts, store data, and share it between different networks.
Source: coinmarketcap
Aionnetwork
Looking Forward for a 44% Bounce on $AION. It's a Sure Thing!AION is the next favorte token i have on my list. I love it because it's background. The Aion Network is a multi-tier blockchain system designed to address scalability, privacy, and interoperability. It's a great platform that currently sitting #67 on coinmarketcap.com and having 466 mils total supply while only almost half of them on the circulating.
AION has biggest volume on Binance, that i think that is one the best move so far that they exposed to a bigger volume to help traders discover them. It's current ATH was almost 9x from the current price. Unfortunately there is nothing special with the wave, just like many other. Right now it's bottomed so i think it's the best time to consider to jump in.
Due to Bitcoin volatility, i think we should targeting a high price short term, a nice scalp is just good right now.
My indicators showing a quite neutral sign here. Not really a strong signal. as RSI level as wandering around below 50 level, 48-36 range to be exact.
Aion Network has launched their Aion Token Bridge for swapping Aion ERC-20 for Aion Coin. More mature than ever actually. To be sure i will the candle pass the yellow trend line and still holding this level will be good. 6600 sats and not less than 6500 sats.
Trade safe!
