🔴 $AVAX · 1H
Price is $8.64 and $AVAX remains below the averages that capped it earlier. $8.15 on the low side and $9.06 on the high side have contained the last three days. That puts price in the middle of the range. That is 4.8% to the ceiling and 5.7% to the floor. The 20 has stayed above the 50 for 30 candles. RSI at 48 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $8.53 and $8.89, sitting around the middle of it now. Turnover is unremarkable, running 0.8x the recent average. Down 2.0% over 24 hours.
DYOR
$AVAX #TechnicalAnalysis
Price is $8.64 and $AVAX remains below the averages that capped it earlier. $8.15 on the low side and $9.06 on the high side have contained the last three days. That puts price in the middle of the range. That is 4.8% to the ceiling and 5.7% to the floor. The 20 has stayed above the 50 for 30 candles. RSI at 48 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $8.53 and $8.89, sitting around the middle of it now. Turnover is unremarkable, running 0.8x the recent average. Down 2.0% over 24 hours.
DYOR
$AVAX #TechnicalAnalysis
