$AUCTION
Crypto
Name: Bounce (Ticker: AUCTION)
Type: Decentralized Finance (DeFi) token on Ethereum (ERC-20) focused on auction and bidding mechanisms in Web3 marketplaces. It’s used for governance and to participate in the platform’s decentralized auctions.
Live Price: ~$7.45(varies by exchange)
Previous Range: intraday high ~$8.96 and low ~$5.03 — showing volatility typical of smaller cap DeFi cryptos.
📈 Recent Price Context
Based on recent data from CoinGecko and
AUCTION has been trading roughly between $5–$9 in recent sessions, showing some short-term bullish moves.
However, the token remains far below its all-time high (~$70 + in 2021) — a decline of over ~90 % from peak.
Price action reflects typical behavior of DeFi governance tokens: heavy swings, liquidity-driven moves, and sensitivity to broader crypto market trends.
📉 Candlestick Chart Insights (Conceptual)
A quick candlestick 📊 interpretation of recent behavior might look like:
Bullish candles:
Longer green bodies when price rallies from support levels ($5) toward resistance ($8+)
Short lower wicks showing buyers stepping in