Will Avax Price Stay Above $14 Level?
Finance Le prix dAvax restera-t-il au-dessus du niveau de 14 $ ? Il y a 6 minutes Nouvelles Bitcoin Ethereum Since the start of 2023, Avax price has struggled to close above $21.50 level but was unsuccessful in doing so. The cryptocurrency price attempted three times to close above this level but faced rejection. The bullish rally for the price started in March as price formed support at $14 and started to rise toward the annual high in hopes of breaking it but the move was halted at $21.56. The rejection provoked a drop in the price and bears jumped into the market to push the price downwards. In June, Avax price broke the support level of $14 amid SECs legal actions against major crypto exchanges. This news developed a negative sentiment and fear in the market and Avalanche price fell to form support at $11.30. Avax price then gained bullish momentum as the cryptocurrency market had positive sentiment rising due to BlackRock, worlds largest asset manager, filed for Bitcoin Spot ETF. Recently, the price was stuck in a consolidation zone ranging between $12.30 and $13.50. The previous candle wrecked the resistance level of $13.50. The current candle has also broken high of the previous candle and crossed