Avalanche fell to a two-week low on Tuesday, as the token broke out of a key support point. Prices fell below a floor at $17.50, which comes as the global cryptocurrency market cap is down by 1.01% as of writing. Polkadot also extended its recent losses, falling by nearly 3% on Feb. 28.Avalanche slipped to a multi-week low on Tuesday, as prices moved below a key support point.
This move saw avalanche hit its weakest level since February 13, which is the last time prices were under $17.00.From the chart, it appears that one of the catalysts for the drop was a breakout on the relative strength index . The next visible point of support seems to be near the 40.00 mark, and should this be hit, there is a strong chance that AVAX will move below $17.00.In addition to AVAX, polkadot also extended recent losses, falling for a second straight session.As a result of today’s drop, DOT has now fallen for seven of the last eight sessions, dropping by over 11% in that time.Like with AVAX, today’s sell-off came as the RSI broke out of a floor — in this instance the 48.00 zone.
Let me translate this to fella avangers: TAKE ADVANTAGE OF THE DIP, AND BUY MORE AVAX. That's it
Nice 😎
I already bought AVAX while it's still below $20 :)
At moments like this the best thing to do is stake your AVAX
This is no time to panic. These are the litmus tests. Have you filled your bags? I bought $AVAX yesterday.
Idk, but I'll still longing my AVAX bags. It has been playing out well so far.
I've already refilled my AVAX bags again to enjoy those pumps
Gimmie those low numbers so I can buy even moaaaaaar!!
I'd say this is a fine time to get some AVAX for the incoming pumps, I can feel them
it is a good time to buy avax
Good time to hold and buy
Thanks for the dip alert
I will take advantage of this dip to buy AVAX
another pullback on the bear market. well, i'm still not selling $avax
Love AVAX. Good time to add to your bag. 👀
this is how it has been all this 2023, spikes followed by small drops
Is AVAX + DOT + LUNA + LINK + ADA + ETH = Kadena !!!!? ?!
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