Hello, welcome to this AVAX/USDT 1DAY chart update by CRYPTOSANDERS.
CHART ANALYSIS:-Avalanche (AVAX) was a big mover on Friday, as the cryptocurrency rose by as much as 7% during the day. Following a low of 9.85 on Thursday, AVAX/USD rose to a peak of 10.80 earlier in today’s session. The move pushed the avalanche to its highest level since August 29, past a key price ceiling of 10.00 in the process. the relative strength index (RSI) also escaped a resistance level of its own at 65.00. price strength now resides at 68.54, which is its highest point since mid-April this year. The next target for current buyers will likely be 11.00, however with the price now overbought, a reversal could also be on the cards.
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