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A #TradFiCFDGoldMasters has dropped nearly 21% in a month, which is way worse than BTC. Now, at the price of $ 6.51, it's down 96% from the peak. This isn’t just a halving; it’s more like a complete ankle chop. With such a drop, do you think it’s a fundamental issue, or is the market just selling off out of panic?
Here are three signals you need to pay attention to.
First, AVAX is currently in a consolidation phase. It dropped 2.9% in the last 24 hours, and it’s been nearly stagnant for the past 7 days, with no clear direction. The trading volume is active, which indicates funds are participating, but there’s no consensus yet. Whether we can break the resistance at $ 6.9 with volume next week is the first thing to watch.
Here are three signals you need to pay attention to.
First, AVAX is currently in a consolidation phase. It dropped 2.9% in the last 24 hours, and it’s been nearly stagnant for the past 7 days, with no clear direction. The trading volume is active, which indicates funds are participating, but there’s no consensus yet. Whether we can break the resistance at $ 6.9 with volume next week is the first thing to watch.