BOSS Wallet data source, Avalanche today's price trend, the latest AVAX price has surged to $37.51, an increase of 3.02%, with a trading volume of $716 million.
By analyzing the candlestick chart, it is currently in a consolidation trend. Compared to 15:00, there was a significant drop, breaking through the low of 16:00, and a decrease from 14:00. A simultaneous decline in price and trading volume usually indicates reduced market activity, with both buyers and sellers being inactive.
The market may be in a wait-and-see mode, awaiting new driving factors. In this case, future prices may continue to be sluggish or consolidate sideways until new market news or events break the deadlock. Investors should closely monitor market changes and events that may trigger price fluctuations.
Decreased trading volume, with price and volume both declining. The Williams indicator suggests that the current phase is neither overbought nor oversold. Recently, trading volume has decreased, with volume dropping compared to previous hours, and price and trading volume both declining: the market is quiet, and trading is inactive.
The upward movement may be a short-term fluctuation; it is advisable to continue observing and focus on subsequent market changes.
The above content is for reference only and does not constitute investment advice.