IntoTheBlock: There are no significant on-chain resistances near AVAX, its trend is currently influenced by market sentiment
IntoTheBlock posted on X that by the end of 2023, AVAX had soared from $9 to $44 in just two months. It is now trading at around $20 (which was previously a resistance level), and it believes there are no significant on-chain resistances nearby. The trend of AVAX is currently influenced by broader market sentiment. A wave of optimism could push it towards the key resistance level of $30, while pessimism could push it down to $16.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Liberty Defense FY26 Q2 net loss narrows to USD 2.21 million; revenue drops to USD 42,202
Codelco nears Pucobre deal as new leadership pushes partnerships, asset review
ProCredit managing body member Christian Dagrosa buys shares for EUR 3,543 outside trading venue
ProCredit managing body member Georgios Chatzis buys shares worth EUR 3,250.16
Crypto prices
More
