Avalanche Since then, moved to the highest level AugustBecause the token rallied as much as 17% during at present’s session. Cryptocurrencies Following the latest developments, there was a general increase across the board. Federal Reserve International market capitalization has risen by 4.29%, a fee hike Polygon Additionally, the excessive was multi-months. ThursdayIt grew by more than 14% over the course of.
Avalanche (AVAX)
Avalanche (AVAX), was one of the most notable strikes on ThursdayThis is because the token has risen to its highest level in over a decade. August.
AVAX/USD traded at $22.71 higher than it did a day ago, a significant increase from $18.80.
The The avalanche broke through a long-term worth exceeding $21.65, and the transfer was made. It is now at its strongest point since then. August 26.
Looking On the chart, you can see that the transfer occurred following a break at 72.00 of the resistance stage Relative Strength Index (RSI) indicator.
As As of writing, the index is at 72.62. The next level of resistance can be seen around the 74.00 mark.
If If this zone is reached, it’s likely that AVAX will move above $23.00 and post a new 5-month excessive in the course of.
