Today news
About the same in other media
Why Avalanche is due for a possible 17-25% correction
Reading now: 584
ambcrypto.comAt a time when the top 10 cryptocurrencies traded sideways due to Bitcoin indecision at $59,000, Avalanche continued its rally. It went on to add more value to its staggering rally which has already lifted the price by over 350% since early-September. However, a series of lower peaks on the RSI suggested that AVAX was due for a much needed correction before tagging the 300% Fibonacci level. The 178.6% and 200% Fibonacci levels were ready to cushion a potential drawdown and trigger the next leg forward.
Source: AVAX/USD, TradingView
Avalanche has had quite an impressive run since recovering from its late-July lows. In four months time, AVAX, which helps facilitate transactions of the smart-contract enabled platform Avalanche, has witnessed an
Read more on ambcrypto.comAbout this in other media
Avalanche ecosystem accelerator raises $18.5M in seed funding cointelegraph.com /2 years ago
Bitcoin Latinum Launches World's First Bitcoin Enabled NFT Platform in Partnership with Unico NFT cryptonews.com /2 years ago
Here’s why to opt for a home inspection report before getting possession of your house financialexpress.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
