CandleFocus

Analyst Sees Avalanche (AVAX) Printing Bullish Technical Pattern, Updates Outlook on Polkadot and Dogecoin

Analyst Sees Avalanche (AVAX) Printing Bullish Technical Pattern, Updates Outlook on Polkadot and Dogecoin
The analyst Rekt Capital is bullish on Avalanche (AVAX), noting that it had a strong November and suggesting that any dips below $38.57 would be retests that could lead to a rally. The price of AVAX is currently $51.14, up over 12% in the past day. Rekt Capital also mentions that Polkadot (DOT) had a bullish monthly close and needs to stabilize at around $8.61 to enable further upside. DOT is currently trading at $10.24, up nearly 7% in the last 24 hours. In addition, Dogecoin (DOGE) has broken out from an ascending triangle pattern, which is considered bullish, and any dips back to the breakout level at around $0.43 would confirm the breakout. DOGE is currently trading at $0.421.

Related News