Hello friends, welcome to this AVAX/USDT update from Crypto Sanders.
Chart Analysis:- Avalanche (AVAX) made sizable gains to start the week, moving by as much as 6% higher during the day.
AVAX/USD peaked at 11.60 on Monday, which comes less than 24 hours after falling to a bottom at 10.92.
This has resulted in the avalanche rising to its strongest point since October 7, when the price last surpassed a ceiling at 11.70.
Earlier gains have marginally faded, with AVAX now sitting at 11.57, and this comes as the RSI hit a ceiling at 70.00.
Price strength is now hovering at 69.40, however, bulls will likely look to break this mark and force a move above 70.00 in the coming days.
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