Avalanche’s TVL registers an increase, but the metrics favor the bears RSI and Bollinger Bands give bearish signals while MFI and MACD suggest otherwise Avalanche Daily, a popular Twitter handle that posts updates about the Avalanche [AVAX] ecosystem, posted the weekly stats of the network on 27 November. As per the data, the total stake […]
On the same note, let’s have a look at the other notable developments and metrics to understand what investors should expect from AVAX during the last few weeks of this year.AVAX’s on-chain metrics revealed that the sellers were leading the market, as several metrics suggested a further price decline during the days to follow.
However, AVAX’s Money Flow Index registered an uptick, which gave investors hope. The MACD also displayed a bullish crossover, which might help AVAX increase its price in the coming days.Subscribe to get it daily in your inbox.
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