Cryptopolitan
2021-09-20 07:44:00

Avalanche Price Analysis: AVAX trading along wide range from $60 – $70

TL;DR Breakdown Avalanche price analysis is bullish for today.AVAX/USD retraced and found support at $68.5 yesterday.Bulls started to push AVAX higher today again despite increasing seller pressure The market has established a new higher low and is beginning to move back toward its all-time high, indicating that the Avalanche price analysis is bullish for the time being. As a result, we anticipate AXA/USD to make further gains over the next 24 hours, perhaps reaching past $75. All-Time Highs Over the past 24 hours, the market as a whole has been in the red. Bitcoin has fallen by 4.0%, while Ethereum has lost 6.1%. Meanwhile, Cardano (ADA) is one of the worst performers, with a loss of almost 8%. Avalanche price movement in the last 24 hours: Avalanche sets lower low at $60 On April 2, AVX/USD fluctuated within a range of $61.55 – $70.67 over the previous 24 hours, suggesting significant volatility. The bands are expanding to suggest chances of an increase in volatility over the next 24-hours. AVAX/USD 4-hour chart: AVAX set to test the previous high today? We can see bulls taking control of the Avalanche price action on the 4-hour chart, suggesting we may see further rises today. The AVAX/USD 4-hour chart. Source: TradingView The price of the coin is trading with a lot of bullish momentum right now. Bulls began to push the market higher after establishing a new major swing low around $33 on September 7th. AVAX broke the previ...

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