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AVAX price reaches $37.69 per coin, up 3.52% on the day

AVAX price reaches $37.69 per coin, up 3.52% on the day

Bitget2025/01/01 22:57

Avalanche price quote for today, AVAX latest price breakout to $37.69, up 3.52%, with a trading volume of $304 million From the analysis of the k-chart, the current trend is oscillatory. Compared to 17:00 it is more sharply up, than 10:00 it is back up, than 13:00 it is down. When price and volume rise at the same time, it usually means strong buying in the market. Buyers are actively trading at higher prices, reflecting optimistic market sentiment. In this case, prices may continue to rise with strong momentum. Investors should watch for the breakout of key resistance levels. If the price continues to move higher and firms up, it means that the uptrend will continue. In an oscillator trend, the trading volume increases and the price and volume rise in tandem. The Williams indicator suggests that it is currently overbought. The recent increase in trading volume, an increase in trading volume compared to the previous hours, and a simultaneous increase in price and volume: active trading and strong upward momentum. Market buying is strong, the uptrend continues, it is recommended to add positions and pay attention to market movements. The above is for reference only and does not constitute investment advice.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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