Avalanche Rally Not Over Yet as One Large-Cap Coin Presents
Michaël van de Poppe tells his 620,800 Twitter followers that AVAX looks primed for a strong rally after taking out resistance at $26.
“Avalanche looks ready for continuation here:
Attacking the highs at $26 for the third time.
Breaking that resistance activates acceleration with all previous highs (shorts getting stopped).
50-day moving average holding as support.
Source: Van de Poppe/Twitter
At time of writing, AVAX is swapping hands for $28.14, up over 4% on the day.
“Chainlink approaches $8.
It looks a lot like accumulation on the BTC and USD pairs, and I still believe that it’s an opportunity of a lifetime.
One of the assets to accumulate for the next bull, while it’s down 85% from the previous all-time high.”
At time of writing, LINK is trading at $8.46, an over 8% surge in the past 24 hours.
“Short corrections are possible, but trend is still up. Looking quite fine on the higher timeframes for Bitcoin.”
At time of writing, BTC is valued at $23,298, an increase of 1.20% in the past day.
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