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Bulls Drive AVAX Price Up by Over 13%; Indicators Point to More Upward Swing

The bearish grip on Avalanche (AVAX) lost market control as it found support at $17.83. As a result of the bullish intervention, the price of AVAX reached a high of $21.68 before encountering stiff resistance. However, as of press time, the bullish control had pushed the price up by 13.30% to $20.48.

As a result of the bullish dominance in the Avalanche market, both market capitalization and 24-hour trading volume increased by 12.07% to $6,407,859,496 and 86.21% to $865,601,315, respectively.

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Source: Cryptocurrency - investing.com

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