Avalanche (AVAX), which finds buyers at its daily and monthly opening price, has come to a critical range for the next price move.
Influenced by the Fud news about Bitcoin (BTC), AVAX, which tested its intermediate support, continues its positive path for now. The popular coin, which is at a critical stage, can draw its next course with the reaction from this level. As of the writing of the news, AVAX, which is at $ 17.67, is progressing?
Avalanche (AVAX) Chart Analysis
Seeing a selling wave from the 18.22 resistance, AVAX tested the support level, influenced by the dominance of sellers and the Arkham news. AVAX, which entered a decision process by coming to $ 17.17, is currently pricing upwards. $17.17 seems to be a major factor in determining the direction of AVAX. The reaction of the price at this value may make the short-term comments for AVAX even stronger.
In order for the price action on the AVAX side to remain positive, one of the main criteria is to exceed the $18.22, $19.33 and $22 resistances, respectively. Fud news from BTC or AVAX ecosystem may drag AVAX to 16.59 – 16.29 – 15.37 and 14 dollars levels.
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