Avalanche price has depicted positive movement over the last 24 hours. Over the past 24 hours, the coin has appreciated by 3%. In the last week, AVAX shot up in double digits, which helped the coin break its sideways trading. The bulls now have control of the coin, but the altcoin is expected to break past a few trading levels to ensure that the bullish momentum continues on the chart. The technical outlook was also on the side of the bulls because Avalanche had gained buyers ever since it started to move up on its chart. The demand for the altcoin has also helped AVAX to slowly climb above its resistance mark, which now acts as a support for the coin. The coin’s strong support was at $15 at the time, but once it broke through, there could be some resistance between the $18 and $19 price range. If demand for AVAX remains constant, it might manage to topple those levels, which could help the altcoin to break free from lateral trading. The global cryptocurrency market cap today was at $1.03 trillion, with a 0.8% negative change in the last 24 hours. Avalanche Price Analysis: One-Day Chart AVAX was trading at $17.76 at the time of writing. The altcoin has experienced significant resistance at the $17 mark, but the bulls have now managed to stay above that price level. To continue the bullish thesis, Avalanche has to move past the $18 price mark, which acts as the immediate resistance for the coin. There could be a chance of...
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