Big coffee opinion: long #AVAX (from Coinsradar.net)

The recent performance of AVAX/USDT, several indicators suggest that this cryptocurrency pair may continue to rise. Currently priced at $27.21, AVAX’s movement shows the potential for further appreciation.

1) The 50-day moving average just crossed above the 200-day moving average, forming a "golden cross", which is a bullish signal.

2) The relative strength index (RSI) is around 55, which is well below the overbought level of 70, indicating that there is room to rise.

3) The MACD indicator also shows a bullish signal, the MACD line has crossed above the signal line and the histogram has turned positive.

4) Trading volume has increased significantly in recent days, indicating increased market interest that may drive prices higher.

Overall, the cryptocurrency market is recovering, with regulatory clarity and increased institutional interest also supporting AVAX’s bullish outlook. #内容挖矿 Follow me! Get the opinions of experts faster!