AVAX increases 3.8% on a strong volume, breaking the levels of keys resistance

AVAX has crossed key resistance levels on a high volume, establishing new support areas around $ 21.30 while traders are sailing on complex market conditions influenced by international disputes and speculation on monetary policy.

Technical analysis

• AVAX increased from $ 20.52 to $ 21.31, representing a gain of 3.8% with a total range of $ 1.28 (6.2%).

• The price has formed a clear trend with higher hollows and higher highs, breaking the resistance of the keys to $ 20.90.

• The exceptionally high volume (1.33 m) confirmed the break.

• Solid support established at $ 21.15 after overvoltage.

• The largest price movement occurred when AVAX exceeded the psychological level of $ 21.00.

• The price of the pronounced correction fell 5.8% on the increase in the highest volume (40,669).

• The volume decrease suggests consolidation after a volatile price action.

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