AVAX has recently seen a strong decline in value after a shattering bullish run in January.
After a period of correction and consolidation, AVAX is slowly but surely producing higher lows whilst bouncing off the lower support. Since a lot of crypto's are seeing bullish pressure at this moment, I suspect we'll see more coming to AVAX in the near future.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
After a period of correction and consolidation, AVAX is slowly but surely producing higher lows whilst bouncing off the lower support. Since a lot of crypto's are seeing bullish pressure at this moment, I suspect we'll see more coming to AVAX in the near future.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
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