Breakout

Avalanche’s AVAX token has broken out of its multi-week correction phase, demonstrating remarkable strength despite ongoing geopolitical tensions affecting cryptocurrency markets. The broader market gauge, CoinDesk 20 Index(DLCS), has demonstrated …

The breakout and re-test play has its roots in behavioral aspects of trading and investing.

Trendline drawn off BTC’s April and November 2021 highs signals resistance at around $90,000.