#AVAX Coin Price Successfully Retests Its Important Support Trendline!
With a weekly gain of ~5%, the Avalanche price has maintained its value above the $30 mark. Moreover, it has added 25.69% to its valuation in the last 30 days. It is currently holding the 12th position with a market cap of $14.38 billion.
The Moving Average Convergence Divergence (MACD) displays a constant green histogram with a steady rise in the green histogram. This indicates a positive outlook for the altcoin in the crypto market.
On the other hand, the EMA 50/200-day records a Golden Cross in the 1D time frame. With increasing volatility, the AVAX token may continue gaining value in the upcoming time.
