Hello everyone
As the bad sentimental news came out of wall street, we may see the outcome effect the cryptocurrencies and crypto assets too.
We have seen the price having some reaction to the two supports that we have on AVAXUSDT, which are our weekly trend line and our 68$ support level.considering today's market behavior all over the world,we may see lower prices on all the cryptocurrencies.
For now, I think we may see the market gets into a trading range ( IF we are lucky)and see the price stays in the channel of 68$-72.5$,and on the bad side of things (bad for investors not traders)we may see the price breakout of our weekly trend line and hit our next not so much reliable 65$ support level.
As the bad sentimental news came out of wall street, we may see the outcome effect the cryptocurrencies and crypto assets too.
We have seen the price having some reaction to the two supports that we have on AVAXUSDT, which are our weekly trend line and our 68$ support level.considering today's market behavior all over the world,we may see lower prices on all the cryptocurrencies.
For now, I think we may see the market gets into a trading range ( IF we are lucky)and see the price stays in the channel of 68$-72.5$,and on the bad side of things (bad for investors not traders)we may see the price breakout of our weekly trend line and hit our next not so much reliable 65$ support level.