Avalanche falls 2.61% to $9.73, trading below short-term averages
- —AVAX trades at $9.73, down 2.61% on the day
- —Volume of $314.4M is 45.29% below the 30-day average
- —Price is below SMA-7 ($10.19), SMA-15 ($10.48) and SMA-30 ($10.54)
- —RSI at 45.5 and MACD histogram negative
Why it matters: Weakness below short-term averages on thin volume raises the risk of a retest of the $9.30 low, though the longer SMA-50 and SMA-200 still hold.
Source: DiarioBitcoin