Avalanche crypto stalls below $30 resistance: Should bulls be cautious?

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Avalanche crypto stalls below $30 resistance: Should bulls be cautious?
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Avalanche crypto has faced a dreary performance in the past month- up by only 0.37% while meme coins and AI stole the spotlight.

has slowly trended higher since early August. It is up by close to 78% from the lows it set on the 5th of August nearly three months ago.

This was reflected in the DMI, with the ADX below 20. This showed that a strong trend was not in progress. The A/D indicator was also flat in October, showing a lack of steady buy or sell pressure. AMBCrypto found that the $30 zone had a cluster of liquidity around it. Similarly, the $27 region also saw a build-up of liquidation levels.Avalanche Profit Calculator

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