Made by rgalyeon #AVAX 1D
Data from Cryptovizor
TREND 🔴🟢🟢🟢🔴 MA 🔴 RSI 🟡 29.05.2023
Volume 1D 24.39 M CD Week -9.25 M
Market Cap: $3.57B
The price of #Avalanche is currently at the lower boundary of its range. The RSI has touched the neutral zone on the daily timeframe. The price has updated the low from March 10, 2023, but has held the support level, after which it updated the previous high on the daily timeframe and bumped into the MA50 (12H). The price has been falling without corrections. Two scenarios are being considered - the formation of a new rising low (HL) and a rebound to the center of the range ($17), or a breakthrough of the support level, consolidation below it, and a move to the next support $11
