Analiza prețului avalanșă: monedele AVAX tranzacționează în modelul triunghiular; Va atinge rezistența de 30 USD? 

• The Avalanche coin displays a slight uptrend above the upwards trendline.
• Last week traders saw a Long-legged Doji candle, also the price was observed inside it this week.
• The trading volume dropped by 18% over the last night at $453 Million. 

The Avalanche (AVAX) coin again started to deny bears’ orders as it seems to be bullish for the past several days. In between Mid-April to Mid-May, bears scary became the witness of sharp decline, where buyers saw a novel 2022 low at $13.7 mark. This was an excellent trend-changing point for bulls.

Buyers barely manage to keep AVAX price under uptrend, and price action suggests the higher-lows formation in the course of the daily price scale. Also, bears continue to sell altcoin near the short-term downsloping trendline (below the chart). Meanwhile, the Avalanche coin is trading at $23.8 Mark at the time of writing. 

Bears seem to be exhausted after a dramatic decline in 2022. As a result, AVAX bulls are going to push asset above the downsloping trendline (white). Last week traders saw a Long-legged Doji candle; also, a price was observed inside a previous weekly candle. Amid uptrend, the market cap reached above $6.78 Billion in the last 24 hours. 

Above this immediate bullish hurdle, buyers may struggle near the $30-round level. Besides, in recent dip, price action noted bullish hammer candle bear $20 level, so may act as short-term support if h price fails to move above the bearish trendline. Meanwhile,  trading volume dropped by 18% over the last night at $453 Million.

Buyers Have Set Buying Order at 20-DMA

In the course of the daily price scale, the 50-day moving average remains below the current price of AVAX. At the time, the bulls barely defended themselves above 20 DMA (White). Moreover, the RSI indicator again turned towards the overbought zone after taking support at the semi-line. 

Concluzie 

Avalanșă (AVAX) coin is trading above the 20-day moving average, suggesting an uptrend until price reaches 100-DMA. Although the asset price looks below the downsloping trendline, buyers need to break this bullish hurdle. 

Nivel de suport – 16 USD și 10 USD

Nivel de rezistență - 22 și 30 USD

Declinare a responsabilităţii 

Părerile și opiniile exprimate de autor sau de orice persoană numită în acest articol sunt doar pentru idei informative și nu stabilesc sfatul financiar, de investiții sau de altă natură. Investiția în sau tranzacționarea activelor cripto implică un risc de pierdere financiară.

Nancy J. Allen este o pasionată de criptomonede și consideră că criptomonedele îi inspiră pe oameni să fie propriile bănci și să se îndepărteze de sistemele tradiționale de schimb monetar. Ea este, de asemenea, intrigata de tehnologia blockchain și de funcționarea acesteia.

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