AVAX's price stabilized around the $35 price level after the significant dip from the $50 resistance.
AVAX’s price action continued to succumb to the bearish pushback, sinking to $35 after hitting the $50 psychological price level. The bullish run had seen Avalanche's AVAX hit $50 in late December. However, the selling pressure at the level produced a 30% dip, curtailing the bullish upward trend.
A look at AVAX’s current price action revealed the possibility of another bullish run if buyers can break the bearish resistance at the $50 price level
Bitcoin's dip below a key support hinted at a return of selling pressure for BTC's spot market.
Despite its long term potential, TIA's price action has been bearish for most of 2024. Is it safe to maintain the altcoin in your portfolio?
The approval of Ethereum ETFs had little effect on ETH's price action. How will it play out over a longer timeframe?
BNB's bullish price action at the key support level of $594 saw the altcoin maintain its uptrend with the possibility of reaching a new all-time high.
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