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Altcoin Season Future Champions - Avalanche & Arbitrum Capturing All Smart Money Flow

11h ago
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As the crypto landscape shifts, two contenders are capturing attention: Avalanche and Arbitrum. Their innovative technology and rapid adoption have started drawing substantial investments. This article delves into why these specific altcoins may be poised for remarkable gains, unveiling the secrets behind the significant "smart money" flow heading their way.

Avalanche Market Insights: Steady Growth with Defined Price Levels

Recent AVAX performance shows a modest gain over the past month with a 4.26% increase, while the half-year period reflects an even stronger 13.99% rise. Price fluctuations have been steady, with a slight weekly drop of 0.14% that did not hinder the ongoing upward trend. The figures indicate a gradual build-up of strength in the market with sustained positive movement over time. There is a clear progression from short-term minor variations to more pronounced growth across the longer term, underlining steady performance without dramatic spikes or falls.

Currently, Avalanche trades within a range of roughly $17 to $27, sitting neatly between key levels that shape trader decisions. The immediate resistance is seen at $32.69 and nearby support at $11.89, while more distant thresholds exist at $43.09 on the upside and $1.49 on the downside. This clearly defined price corridor hints at a market where bulls appear to have a slight edge. Oscillator readings such as the Awesome Oscillator at 0.95, momentum at 1.24, and an RSI of 54.56 provide further support for a gently bullish stance. Trading within these levels might favor entry strategies if price manages to breach the resistance.

Arbitrum Steers Through Key Levels with Steady Upward Momentum

Strong gains mark ARB over the past month and six months. The coin advanced by approximately 28% in the last month and registered a 35% surge over six months. Price movement over the past weeks reinforced growing investor confidence, with weekly prices showing a positive progression of around 6%. Past data reflects consistent upward movement, highlighting increased interest in the coin over time. Numbers show sustained upward shifts during recent periods, indicating that both short-term and longer-term investors have maintained their positions.

Current price action shows ARB trading between $0.30 and $0.50 with crucial levels in play. Nearest resistance sits at $0.60 while support is firm around $0.21, setting clear reference points for trading. A second resistance at $0.80 and a second support at $0.14 offer additional markers for entry and exit strategies. Bulls appear to control the scene as momentum and oscillator signals point to more gains, although the trend is yet to be fully established. Trading within these levels could focus on buying near the support of $0.21 or $0.30 and aiming to sell close to the $0.60 mark.

Conclusion

AVAX and ARB are attracting significant attention from investors. Both coins show promise with their innovative features. Their potential to capture market interest is strong. The flow of smart money towards them indicates confidence in their future. It suggests these coins might play pivotal roles in the market.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

11h ago
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