AVAX jumps 33.5% to $11.19 amid NYSE and ICE tokenization interest
- —AVAX trades at $11.19: +33.5% in 24 hours and +51% over the week
- —Trading volume of $1.47 billion is 315% above the 30-day average
- —RSI at 84.5 and stochastic at 96.4 indicate extreme overbought conditions
- —The token is still 92.3% below its all-time high of $145.31
Why it matters: NYSE and ICE interest in tokenization on Avalanche could drive a sustained institutional re-rating, but the extreme RSI raises the risk of a 10-20% correction.
Source: DiarioBitcoin