Fold

Gains

<h2 id="avax-has-risen-by-more-than-10-breaking-over-the-45-barrier-level">AVAX has risen by more than 10%, breaking over the $45 barrier level.</h2>
<ul>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" class="f-link" rel="noopener noreferrer nofollow">CoingabbarPrice Analysis</a>, AVAX price surged over 10%, breaking the $45 level, and is poised to surpass the $50 resistance.</li>
 <li>Supported by the $38.00 level against the US dollar, <a href="https://www.coingabbar.com/en/crypto-currency/avalanche-2-avax-prices-usd" class="f-link" rel="noopener noreferrer nofollow">AVAX</a> is currently trading above $42.00 and the 50 hourly simple moving average.</li>
 <li>Recent breakthroughs above key resistance points indicate a strong bullish hold on the rally.</li>
 <li>Despite a drop in volume, sustained buying pressure underscores bullish strength in the market.</li>
 <li>Anticipating a resumption of the upswing, AVAX price is expected to surpass the 1 FIB level, reaching new highs beyond $50 after a brief consolidation.</li>
 <li>To maintain momentum, bulls need to keep the price above the $45.00 support level, paving the way for a test of the upper resistance at $50.</li>
 <li>Conversely, if bears take control, AVAX may lose momentum and test the $40 support in the upcoming week.</li>
</ul>
KEY LEVELS : 
RESISTANCE LEVEL : $47.00-$50.00 
SUPPORT LEVEL : $43.00-$39.00 
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

AVALANCHE Ignites, Do You Hold or Fold in the Face of Explosive Gains

Obsah

Coingabbar

Ďalšie články zverejnené 21. 12. 2023

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