Returning from an important support level in the wide time frame, Avalanche ( AVAX), started its upward movement again.
Priced depreciating since $21.50 AVAX , found buyers from the support of $ 16.60. This level, which is of great importance in the wide time frame, managed to turn AVAX’s course upwards. The popular coin, which is currently $ 17.45, has already made its ecosystem curious for its next move. Bitcoin ( BTC) seems to be fully reflected in AVAX.
AVAX Bounced From Critical Support
When we examine the 4-Hour AVAX chart, we can see that the price has bounced many times from the $ 16.60 level. Finding buyers at those points and rising again offers opportunities for analysis regarding the current pricing of AVAX. Having loosened up to $ 16.60 in the past days, AVAX managed to show the same performance and turn its course upwards.
Could AVAX’s positive pricing be a harbinger of larger rises? When we examine the AVAX chart in the large table, crossing the 18.22 – 19.33 and especially the 22 dollar band will answer this question in order to open the way for the rises.
