According to AMBCrypto’s analysis, AVAX showed resilience as bulls rushed into the market to defend the rally.
As a result, the altcoin’s Stochastic RSI remained elevated around 99.63, reflecting overbought conditions. Likewise, Avalanche’s +D1 of DMI remained around 30, further confirming the presence of a strong upward momentum.
If AVAX holds momentum and flips $22.75 into support, the next stop could be $24.40.
However, a break below $20.01 could drag the price down to $17, especially if sellers regain control and spot support vanishes.
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