#ArbitrageTradingStrategy
🔹 Quick Overview:
Symbol: AVAX
Current Price: Ranges between $26 – $30 (depending on the market)
Market Rank: Among the top 20 cryptocurrencies by market capitalization
All-Time High: Approximately $146 (November 2021)
Max Supply: 720 million AVAX
Circulating Supply: ~370 million
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🔹 Technical Analysis (Approximate):
✅ Price Trend:
AVAX is currently moving within a horizontal range between strong support at $22 and resistance at $31.
Breaking through resistance may open the way towards $36–$40, while breaking below support could bring the price back to $18–$20.
📈 Technical Indicators:
RSI (Relative Strength Index): Around 50 → Neutral
MACD: Slight positive crossover, indicating potential upward movement
Moving Averages (MA50 / MA200): Converging, indicating market balance with a slight upward bias
