Markets· ★★· bearish·

AVAX Falls 3.14% to $9.69 as Volume Runs Half of Average

  • —Price $9.69 versus prior close of $9.99, daily range $9.61–$10.05
  • —Daily volume of $288 million is 50.12% below the 30-day average
  • —MACD is bearish and RSI at 45.2 signals no oversold condition
  • —Returns: +22.74% over 30 days, +47.77% over 90 days, -5.67% on the week
Why it matters: AVAX holds above its SMA-50 and SMA-200, but thin volume and a bearish MACD leave no confirmation of a reversal.
Source: DiarioBitcoin