BOSS Wallet data source, Avalanche today's market news, AVAX latest price: $25.018, 24-hour drop -6.2%, trading volume $197 million
From the analysis of the candlestick chart, it can be seen that it is currently in a volatile trend. Compared to 19:00, there has been a significant increase, a recovery from 17:00, and a decline from 14:00. When both price and trading volume rise simultaneously, it usually indicates strong buying power 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 pay attention to the breakthrough of key resistance levels; if prices continue to rise and stabilize, it indicates that the upward trend will continue.
Price and trading volume are rising simultaneously, and market sentiment is high. The Williams indicator shows that the market is currently neither overbought nor oversold. Recently, trading volume has increased, with volume rising compared to the previous few hours, and both price and volume are up: trading is active with strong upward momentum.
The market has strong buying power, and the upward trend continues; positions may be increased appropriately, but be mindful of volatility and pay attention to key resistance levels.
The above content is for reference only and does not constitute investment advice.