Avalanche (AVAX) Avalanche (AVAX) rose to a multi-month high on Tuesday, as prices rallied for a third consecutive session against a backdrop of bullish news. Following a low of $17.43 to start the week, AVAX/USD moved to an intraday peak of $18.86 earlier today. As a result of today’s surge in price, AVAX has risen to its strongest point since Nov. 6.
Looking at the chart, the move took place following a breakout of a ceiling at the $18.50 mark. In addition to this, the 14-day relative strength index (RSI) neared a resistance level of its own at 72.00 At the time of writing, the index is tracking at 71.11, with earlier gains fading, resulting in AVAX currently trading at $18.22.
Image Polygon (MATIC) In addition to AVAX, polygon (MATIC) climbed higher in today’s session, following a collision with a key price floor.
MATIC/USD raced to a peak of $1.04 earlier in the day, less than a day after hitting a low of $0.9849 The move saw polygon reach its highest level since last week Monday, when price was last close to a resistance of $1.05.
Reference:
https://news.bitcoin.com/biggest-movers-avax-hits-multi-month-peak-as-matic-jumps-to-1-week-high/
14.936 SRY