Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Avalanche broke out of its low volatile phase to unveil a bullish edge over the past few days. The crypto’s funding rates turned negative but the long/short ratio revealed a bullish edge. While the bulls […]
The findings of the following analysis are the sole opinions of the writer and should not be considered investment adviceThe crypto’s funding rates turned negative but the long/short ratio revealed a bullish edge.above the basis line of its Bollinger Bands to depict a firm buying edge.In finding fresher highs, the alt eyed to test the upper band of the BB near its immediate resistance range. The bears could strive to prevent the streak of green candlesticks in the coming sessions.
A close above the $19.4-$20.2 resistance range could affirm the chances of a continued breakout rally. In these circumstances, the buyers could look to test the $22-$23 range resistance in the coming sessions.
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