IntoTheBlock: There is no significant on-chain resistance near AVAX, and its movement is currently influenced by market sentiment
2024-08-19 11:49:35
IntoTheBlock posted on X that AVAX surged from $9 to $44 in just two months at the end of 2023. Now trading around $20 (a level that was previously resistance), it sees no significant on-chain resistance nearby. The movement of $AVAX is currently influenced by broader market sentiment. A wave of optimism could push it towards the key resistance level of $30, while a downturn in sentiment could push it towards $16.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
IntoTheBlock：AVAX 附近没有重大的链上阻力，其走势目前受到市场情绪的影响Next article：
ZachXBT：一名潜在受害者7小时前进行一笔4064枚BTC的可疑转账
