AVAX Breaks All-Time High $80.56 according to CoinGecko

Published by AVAX on

At 00:35 GMT AVAX made its all-time high. Briefly breaking the $80 ceiling, at $80.56.


Prices have trended downwards since. Pulling back to the high 70s. Forming a double-top with the previous day’s high.

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Volume has fallen since the apex of the high. More sellers appeared at the high than buyers.

Bearish divergences emerging too. Which could signal the end of the very short-term bull trend. Though, things fundamentally remain bullish for the ecosystem. Long-term, we’re all bullish.

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Grayscale’s entry into the ecosystem will nevertheless draw more money into the space. Hopefully bolstering AVAX’s market cap. Putting in some harder floors.


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