AVAX up 22% on Thursday, hitting a 2-month high.
Avalanche was one of Thursday’s big gainers, as the token rose by as much as 22% in today’s session. The move came as inflation in the United States fell to 6.5% as markets were expecting. Polkadot was another notable mover, with prices climbing close to a four-week high.Avalanche rose by as much as 22% in today’s session, as cryptocurrencies reacted to the latest U.S. inflation report.
Thursday’s spike in price pushed avalanche to its highest point since November 8, when price was at a peak of $18.15.Looking at the chart, earlier gains have somewhat eased, with AVAX now trading at $15.18. Polkadot , was another big gainer in today’s session, with prices moving closer towards a four-week high.As a result of this move, DOT broke out of a key resistance level of $5.15, hitting its strongest point since December 16 in the process.As can be seen from the chart, the 14-day RSI has failed to move beyond its long-term ceiling of 68.00, and has since slipped lower.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biggest Movers: ATOM Hits 2-Month High, as XRP Extends Recent Gains – Market Updates Bitcoin NewsCosmos rallied to a two-month high on Thursday, as cryptocurrency prices rebounded following Wednesday’s decline.
Read more »
The 2023 MotorTrend Power List: The Auto Industry's Biggest Movers and ShakersThe 49 players who most influenced the auto industry in the past year, plus the 2023 MotorTrend Person of the Year.
Read more »
California faces budget deficit of $22.5B, governor saysCalifornia Gov. Gavin Newsom has projected a $22.5 billion budget deficit for the upcoming fiscal year
Read more »
California faces budget deficit of $22.5B, governor saysCalifornia Gov. Gavin Newsom has projected a $22.5 billion budget deficit for the upcoming fiscal year
Read more »
California faces budget deficit of $22.5B, Gov. Newsom saysCalifornia Gov. Gavin Newsom has projected a $22.5 billion budget deficit for the upcoming fiscal year. That’s a sharp turnaround from the $98 billion surplus Newsom had to work with last year.
Read more »