Објавено пред 6 часа
На 24-ти јуни, Лавина (AVAX) buyers breached the six-week-long resistance trendline with a long bullish candle. The retest reversal synced with the recent sell-off extended the downfall by more than expected, reaching $16. However, the flipped support has triggered the continuation of the bullish rally, aiming the nearest target at $22.13.
Клучните точки:
- The sustained buying should surge AVAX price by 27.7%.
- The Bollinger Band indicator’s midline stalls the bullish recovery rally
- Обемот на тргување во текот на денот во AVAX/USD е 378.9 милиони долари, што укажува на пад од 70%.
Извор- Tradingview
Во текот на изминатите шест недели, на Пар AVAX/USDT lowered in response to a descending trendline. The downfall marked a new 2022 low at $13.79, where demand pressure propelled a 53% recovery.
The bullish rally breached the resistance trendline and reached a $22.13 mark; however, the June end sell-off slumped the AVAX price 26.1% lower and retested the breached trendline. As a result, the coin price rebounded from this support, suggesting the flip in markets trader’s sentiment from selling on rallies to buying on dips.
The post-retest rally showed three consecutive green candles and surged the altcoin by 11%. If the buying pressure persists, the AVAX price will climb another 27.5% to challenge the weekly resistance of $22.13.
However, the buyers need to reclaim this level to get a better confirmation of a recovery rally. In favorable bullish scenario, the technical setup hints the AVAX price should hit the $38 mark.
However, a long retest phase backed by high volume activity suggests the sellers have not thrown in the towel yet and could pull the coin price back to $14.6
Технички индикатор
Contrary to the falling price, the MACD indicator shows the rising fast and slow, indicating the rising bullish momentum. Moreover, sustained buying could lead these lines above the midline, providing additional confirmation for long buyers.
The AVAX price currently trades at $17.26 and faces supply pressure from the Bollinger Band indicator’s midline. The coin price trading below this neutral line indicates a bear trend.
- Ниво на отпорност: 22.1 и 27.8 долари
- Ниво на поддршка: 14.6 и 10 долари
Презентираната содржина може да вклучува лично мислење на авторот и е предмет на пазарната состојба. Направете истражување на пазарот пред да инвестирате во криптовалути. Авторот или публикацијата не сноси никаква одговорност за вашата лична финансиска загуба.
Source: https://coingape.com/markets/avax-price-analysis-breakout-rally-eyes-22-1-mark-buy-now/