TL;DR Breakdown Avalanche price analysis is bullish for today.AVAX/USD retraced and found support at $66.5 yesterday.Bulls start to push AVAX higher today again. Avalanche price analysis is bullish for today as the market has set a new higher low and started to move back towards the previous all-time high. Therefore, we expect AVAX/USD to see further upside over the next 24 hours and possibly breach the $75 previous all-time high. Cryptocurrency heat map. Source: Coin360 The overall market traded in the red over the last 24 hours. The market leader, Bitcoin, has declined by 2.39 percent, while Ethereum has 4.51 percent. Meanwhile, Polkadot (DOT) is among the worst performers, with a loss of almost 6 percent. Avalanche price movement in the last 24 hours: Avalanche sets higher low at $66.5, begins to rally higher AVAX/USD traded in a range of $66.55 – $73.67, indicating strong volatility over the last 24 hours. Trading volume has decreased by 34.66 percent and totals $1.625 billion. The total market capitalization trades around $15.77 billion, ranking the coin in 11th place overall. AVAX/USD 4-hour chart: AVAX set to test the previous high today? On the 4-hour chart, we can see bulls starting to take over the Avalanche price action, indicating that we could see further highs today. AVAX/USD 4-hour chart. Source: TradingView Avalanche price action has traded with strong bullish momentum this week. After setting ...
