AION is another range-bound cryptocurrency that has been enjoying the uncharacteristically non-volatile market over the last few months, after unraveling -90% of its value from April to mid-August. Right now the asset is up 2.53% against BTC and has been oscillating tightly inside a narrow channel between the 7,200 Sats and 6,290 Sats levels since early September. Many other cryptocurrencies in this same position are already starting to show promising signs of a bullish reversal out of their respective channels, including Icon (ICX) and Status (SNT), so we could see AION follow suit and start to recover some of the losses endured over this year.
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