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Avalanche (AVAX) Trades at $9.29 as $55 Scenario Faces Resistance

Avalanche (AVAX) Trades at $9.29 as $55 Scenario Faces Resistance

Photo: TokenPost

On Oct. 23, Avalanche traded at $9.29, down 0.21% over 24 hours, with support near $8.90 and a crypto analyst’s $55 scenario facing several resistance levels. The Oct. 23 chart levels put the lower Bollinger Band at $8.90 and marked $8.94 as strong support. Immediate support was $9.12, with a pivot at $9.23 and resistance at $9.41 and $9.53. The live price was between the pivot and the first marked resistance. Several short-term averages sat above the market price. The seven-day simple moving average (SMA) was $9.57 and the 50-day SMA was $9.63.

Source: TokenPost

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