Key Technical Points Aventus has a bullish momentum The RSI is at 69.15 AVT is currently trading at $2.86 AVT Past Performance In the last 24 hrs, AVT has traded as low as $1.10 and as high as $2.88 on a volume of $17,545,002 and a market capitalization of $28,602,138 It’s currently trading at $2.86, up 151.38% in the last 24 hrs. Source: Trading view Aventus Technical Analysis The AVT Technical Analysis reveals a bullish market trend in the short-term, with a strong possibility for further upside potential in the medium-term. The Relative Strength Index (RSI) is currently at 69.15, indicating that the market is overbought. However, given the strong bullish momentum, we expect the RSI to remain overbought in the near term. The MACD is currently in a bullish crossover, with the last line (blue) above the signal line (red). The MACD bars are tall and green a clear indication that the market is in a strong uptrend. The Bollinger bands are squeezed but are beginning to expand, which indicates that the market is in a bullish trend. Out of the 24 technical indicators, 15 show a buy signal, 7 show a hold signal, and 2 show a sell signal. The oscillators show 3 buy signals, 6 holds, and 2 sells while the moving average shows a bullish trend in the market. Overall, the Aventus technical analysis reveals a strong bullish trend in the short-term with upside potential in the medium-term. From the above Aventus technical analysis, we can c...
