Markets· ★★· neutral·

AVAX rises 7.17% to $11.01, but catalyst remains unconfirmed

  • —AVAX at $11.01: reported 7.17% gain conflicts with prior close of $10.99
  • —Price above 30-, 50-, 90- and 200-day SMAs, RSI at 59.3
  • —Daily volume of $382.3M is 31.94% below the 30-day average
  • —Up 48.93% over 30 days, but still 92.42% below its $145.31 all-time high
Why it matters: A rally without volume or a catalyst raises the risk of a pullback to $10.55–10.86 unless AVAX holds above $11.07.
Source: DiarioBitcoin