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Avalanche Gains 2.66% but Remains Below Four Short-Term Averages

Avalanche Gains 2.66% but Remains Below Four Short-Term Averages

Photo: TokenPost

Avalanche (AVAX) rose 2.66% over 24 hours to $9.73 in an Oct. 21 Binance spot snapshot, but four shorter-term moving averages still stood above the price, leaving its momentum mixed. The token traded from $9.39 to $9.92 during the 24-hour period. Its seven-day simple moving average was $9.81, while the 20-day measure was $10.38. The 12-period exponential moving average was $10.00, and the 26-period measure was $10.05. Each exceeded the $9.73 spot price. Longer-term averages gave a different view of the same snapshot. AVAX traded above its 50-day average of $9.55 and its 200-day average of $8.19.

Source: TokenPost

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