AVAX rises 7.29% to $8.09, holds above 200-day SMA
- —Price at $8.09, up 7.29% in 24 hours, volume of $469 million (+43.54% vs average)
- —Broke the 200-day SMA at $7.98, with nearest resistance at $8.13 and $8.28
- —RSI at 63.2 and MACD histogram at 0.00601 point to momentum without overbought conditions
- —AVAX is 94.43% below its all-time high of $145.31
Why it matters: Breaking the 200-day SMA on elevated volume could signal a trend reversal, but the gap from its all-time high calls for caution.
Source: DiarioBitcoin