BOSS Wallet data source, Avalanche real-time price quotes, AVAX's latest price today is $28.117, an increase of 3.02%, and the transaction volume is $346 million
According to the analysis of the K-line chart, the current trend is oscillating. It has risen significantly compared to 18:00, rebounded compared to 15:00, and decreased compared to 11:00. When the price and trading volume rise synchronously, it usually means that the market has strong buying support.
Buyers are actively trading at higher price levels, showing optimistic market sentiment and strong bullish sentiment. In this case, prices are likely to continue to rise in the future as market momentum is strong and buying continues to increase.
Investors should pay close attention to the breakthrough of key resistance levels. If the price can continue to break through and stabilize at a higher level, it indicates the continuation of the upward trend. Prices and trading volumes are rising simultaneously, and market sentiment is high. The Williams indicator shows that the current state is neither overbought nor oversold.
Trading volume has increased recently, with volume increasing compared to previous hours, and both price and volume rising at the same time: trading is active and upward momentum is strong.
Market sentiment is optimistic and the upward trend is expected to continue. You may consider increasing your positions appropriately, but be aware of market fluctuations.
The above content is for reference only and does not constitute investment advice.