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IntoTheBlock: AVAX has no significant on-chain resistance nearby, and its trend is currently influenced by market sentiment
Golden Finance reported that IntoTheBlock stated in a post on X that by the end of 2023, AVAX surged from $9 to $44 in just two months. The current trading price is around $20 (previously the resistance level), and it is believed that there is no significant on-chain resistance nearby. The trend of $AVAX is currently influenced by broader market sentiment. A wave of optimism may push it towards the key resistance level of $30, while low sentiment may push it towards $16.