AVAX: Holds Steady at $6.63 on Bounce
AVAX trades at $6.63 with EMA50 support at $6.48 as Michaël van de Poppe maintains holdings amid neutral RSI 62.62 and MACD golden cross.
SourceAnalysis
AVAX holds steady at $6.63 after the latest bounce, keeping Michaël van de Poppe committed to his position despite the pattern still developing.
Price sits above both the EMA50 at $6.48 and EMA200 at $6.55, confirming the bullish trend structure while the MACD registers a golden cross. With RSI(14) at 62.62 remaining neutral and price contained inside the Bollinger Bands, the upper band at $6.73 acts as immediate resistance and the lower band at $6.07 as volatility support; a measured pullback toward the 50-EMA remains the most probable next move before continuation.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast