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Bulls Drive AVAX Price Up by Over 13%; Indicators Point to More Upward Swing

1y ago
bullish:

3

bearish:

0

Bulls Drive AVAX Price Up by Over 13%; Indicators Point to More Upward Swing
  • The $17.83 price level provides strong support for AVAX, barring the bears from taking control
  • If bulls are to triumph, $21.68 resistance must be maintained.
  • The AVAX market is expected to remain under a bullish grip according to indicators.

The bearish grip on Avalanche (AVAX) lost market control as it found support at $17.83. As a result of the bullish intervention, the price of AVAX reached a high of $21.68 before encountering stiff resistance. However, as of press time, the bullish control had pushed the price up by 13.30% to $20.48.

As a result of the bullish dominance in the Avalanche market, both market capitalization and 24-hour trading volume increased by 12.07% to $6,407,859,496 and 86.21% to $865,601,315, respectively.

AVAX/USD 24-hour price chart (source: CoinMarketCap)Bulls Drive AVAX Price Up by Over 13%; Indicators Point to More Upward Swing appeared first on Coin Edition.

1y ago
bullish:

3

bearish:

0

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