Avalanche (AVAX) and Bitcoin Cash (BCH) are drawing trader attention due to positive signals on the charts and increased trading volumes.
Bitcoin Cash (BCH) Shows Breakout Signs
Bitcoin Cash (BCH) is showing strength despite market pressure. After testing key support around $391.65, BCH rebounded sharply with strong buying volume, reaching $416.96 at the highest hourly volume, boosting confidence in the upward move. The area around $409.80 has turned into solid support.
Momentum indicators lean bullish, with a possible bull flag forming after the initial rise. Lower volume during consolidation supports the chance of a continued rally, but bulls need to hold the $413.00 to $413.50 range to keep momentum alive. For now, BCH looks ready for another upward leg if conditions remain favorable, especially if broader market tensions ease.
Avalanche (AVAX) Prepares for Significant Growth
Traders are closely watching Avalanche (AVAX) as a bullish flag pattern develops. AVAX is currently near $20.36 but faces key resistance around $23.46. A breakout above this level would confirm the bullish flag observed on the weekly chart for over a year, potentially setting AVAX on a long-term path toward $300.
Short-term views are mixed. Some expect AVAX to trade between $19.98 and $20.99 in June, while others predict a jump to $44.79 by year-end. Despite low trading volume, this bullish flag offers long-term traders hope. If the breakout happens, the risk-reward could shift dramatically.
Final Chance to Acquire BlockDAG Coins
BlockDAG’s price remains stable at $0.0018, but this will not last. This presale phase ends before the June 13 GO LIVE reveal, with the confirmed listing price projected to be $0.05. This price point will not return post-event, offering a last chance for buyers to accumulate BDAG at a low price.
The presale has surpassed $294.3 million in funds raised, indicating significant interest in the project and the potential for considerable price appreciation at launch.
Avalanche (AVAX) and Bitcoin Cash (BCH) show signs of possible growth, while BlockDAG is gaining attention as the presale approaches its closing stage.
